Accounts Receivable, Net

3 Months Ended

Sep. 30, 2022

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

The Company’s net accounts receivable are as follows:

	September 30,			June 30,
	2022			2022
Trade accounts receivable	$	3,513,310		$	3,521,491
Less: allowances for credit losses		(3,317,571	)		(3,413,110	)
Accounts receivable, net	$	195,739		$	108,381

Movement of allowance for credit losses are as follows:

	September 30,			June 30,
	2022			2022
Beginning balance	$	3,413,110		$	3,475,769
Provision for credit losses, net of recovery		-			257
Exchange rate effect		(95,539	)		(62,916	)
Ending balance	$	3,317,571		$	3,413,110