Accounts Receivable, Net

6 Months Ended

Dec. 31, 2024

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

Note 4. ACCOUNTS RECEIVABLE, NET

The Company’s net accounts receivable are as follows:

	December 31, 2024			June 30, 2024
Trade accounts receivable	$	3,630,582		$	3,554,156
Less: allowances for credit losses		(3,281,413	)		(3,286,991	)
Accounts receivable, net	$	349,169		$	267,165

Movement of allowance for credit losses are as follows:

	December 31,			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		(5,578	)		(2,113	)
Ending balance	$	3,281,413		$	3,286,991

For the years ended June 30, 2024, the provision for credit losses and write-off was $17,667 and $17,303 respectively. There was no provision for credit losses and write-off for the three and six months ended December 31, 2024.