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PREPAYMENTS AND DEPOSITS

12 Months Ended

Dec. 31, 2024

Prepayments And Deposits

PREPAYMENTS AND DEPOSITS

8. PREPAYMENTS AND DEPOSITS

 SCHEDULE OF PREPAID EXPENSES AND DEPOSITS

		2024				2023
		As of December 31,
		2024				2023
Prepaid expenses		$	522,460			$	123,809
Deposits to suppliers			131,480				91,997
Subtotal			653,940				215,806
Less: Allowance for credit losses			(67,768	)			-
Total		$	586,172			$	215,806

Movements of allowance for credit losses are as follows:

 SCHEDULE OF CHANGES IN ALLOWANCE FOR DOUBTFUL ACCOUNTS

		2024				2023
		For the years ended December 31,
		2024				2023
Beginning balance		$	-			$	-
Addition			67,091				-
Exchange rate effect			677				-
Ending balance		$	67,768			$	-

AGAPE ATP CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Currency expressed in United States Dollars (“US$”), except for number of shares)

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