NOTE 10 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

6 Months Ended

Oct. 31, 2021

Notes

NOTE 10 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 10 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses included the following as of October 31, 2021 and April 30, 2021:

Account	October 31, 2021 (unaudited)	April 30, 2021
Accounts payable	$6,003,861	$8,155,842
Advanced from customers	709,998	143,695
Advanced from third parties*	6,726,399	-
Accrued salary payable	290,820	155,071
Tax payable	343,227	330,738
Other payable**	1,619,184	2,356,062
Total accounts payable and accrued expenses	$15,693,489	$11,141,408

* Advanced from third parties for working capital, bearing interest free and due on demands.

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** As of October 31, 2021, other payables consists of general liability, worker's compensation, and medical insurance payable of $409,230, consulting fee payable of $215,702, union and education fees payable of $138,434, interest payables for short-term loans of $50,740, safety production fund payable of $490,750, advances from the employees of $153,735, security deposit for sub-contractor of $156,111, and other miscellaneous payables of $4,482. As of April 30, 2021, other payables consists of general liability, worker's compensation, and medical insurance payable of $412,328, consulting and service fee payable of $209,871, union and education fees payable of $137,123, interest payables for short-term loans of $147,433, safety production fund payable of $262,449, advances from the employees of $159,909, deposit for operating lease of $154,631 and other miscellaneous payables of $872,318.