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Other Income (Expenses), Net

12 Months Ended

Dec. 31, 2022

Other Income (Expenses), Net [Abstract]

OTHER INCOME (EXPENSES), NET

24. OTHER INCOME (EXPENSES), NET

The amount of other income (expenses) were consisted of the followings:

		2022				2021
Gain on waiver of long term payables		$	-			$	462,673
Government subsidies			842,287				775,013
Exchange gains			835,361				-
Other expenses (income)			337,133				(35,176	)
Total other income, net		$	2,014,781			$	1,202,510

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- Definition

The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-URI https://asc.fasb.org/topic&trid=2122503

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 610
-URI https://asc.fasb.org/topic&trid=49130413

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