XML 35 R26.htm IDEA: XBRL DOCUMENT v3.24.2
Other Receivables, Net (Tables)
 6 Months Ended
Dec. 31, 2023
Other Receivables Net [Abstract]  
Schedule of Other Receivables Other receivables consisted of the following:
   December 31,
2023		   June 30,
2023		 
   (Unaudited)     
Others  $332   $332 
Receivables from vendors upon cancellation of concerts   23,286,550    13,000,000 
Receivables from transfer of concert cooperation right   1,500,000    
-
 
Other receivables   24,786,882    13,000,332 
Allowance for credit losses   (23,286,550)   (7,500,000)
Other receivables, net  $1,500,332   $5,500,332 
Schedule of Allowance for Credit Losses Movements of allowance for credit losses consisted of the following as of the date indicated:
   December 31,
2023		   June 30,
2023		 
   (Unaudited)     
Beginning balance  $7,500,000   $
-
 
Addition   15,786,550    7,500,000 
Ending balance  $23,286,550   $7,500,000