Accounts Receivable, Net

6 Months Ended

Dec. 31, 2021

Credit Loss, Additional Improvements [Abstract]

ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

The Company’s net accounts receivable are as follows:

	December 31,			June 30,
	2021			2021
Trade accounts receivable	$	3,568,513		$	3,589,011
Less: allowances for doubtful accounts		(3,502,523	)		(3,475,769	)
Accounts receivable, net	$	65,990		$	113,242

Movement of allowance for doubtful accounts are as follows:

	December 31,		June 30,
	2021		2021
Beginning balance	$	3,475,769	$	2,297,491
Provision for doubtful accounts, net of recovery		-		1,030,895
Exchange rate effect		26,754		147,383
Ending balance	$	3,502,523	$	3,475,769

For the three months ended December 31, 2021 and 2020, the provision for doubtful accounts was nil and $2,609, respectively. For the six months ended December 31, 2021 and 2020, the provision for doubtful accounts was nil and $33,418, respectively. The Company recovered nil and $2,456 of accounts receivable for the six months ended December 31, 2021 and 2020, respectively.