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Accounts Receivable, Net
3 Months Ended
Sep. 30, 2024
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, 
   2024   2024 
Trade accounts receivable  $3,964,162   $3,554,156 
Less: allowances for credit losses   (3,341,384)   (3,286,991)
Accounts receivable, net  $622,778   $267,165 

 

Movement of allowance for credit losses are as follows:

 

   September 30,   June 30, 
   2024   2024 
Beginning balance  $3,286,991   $3,288,740 
Provision for credit losses, net of recovery   
-
    17,667 
Write-off/recovery   
-
    (17,303)
Exchange rate effect   54,393    (2,113)
Ending balance  $3,341,384   $3,286,991 

 

For the years ended June 30, 2024, the provision for doubtful accounts and write-off was $17,667 and $17,303 respectively. There was no provision for doubtful accounts and write-off for the year ended September 30, 2024.