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NOTE 14 - SUPPLEMENTAL CASH FLOW INFORMATION | 12 Months Ended
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Jun. 30, 2020
Supplemental Cash Flow Elements [Abstract] |
NOTE 14 - SUPPLEMENTAL CASH FLOW INFORMATION | NOTE 14 - SUPPLEMENTAL CASH FLOW INFORMATION During the years ended June 30, 2020 and 2019 the Company paid $137,200 and $165,172 for interest, respectively. During the years ended June 30, 2020 and 2019 the Company paid $228,204 and $304,575 for income taxes, respectively. During the years ended June 30, 2020 and 2019, the Company issued 89,981 and 69,971 shares of common stock for costs and expenses totaling $1,990,380 and $1,954,744, respectively. During the year ended June 30, 2020 the Company entered into a capital lease for the purchase of equipment in the amount of $1,350,000.

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- Definition The entire disclosure for supplemental cash flow activities, including cash, noncash, and part noncash transactions, for the period. Noncash is defined as information about all investing and financing activities of an enterprise during a period that affect recognized assets or liabilities but that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -URI http://asc.fasb.org/topic&trid=2134446 + Details
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- References No definition available. + Details
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