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Accounts Receivable, Net | 12 Months Ended
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Jun. 30, 2023
Accounts Receivable, Net [Abstract] |
ACCOUNTS RECEIVABLE, NET | NOTE 4 – ACCOUNTS RECEIVABLE, NET Accounts receivable, net consisted of the following:
|  | As of June 30, |
|  | 2023 |  |  | 2022 |
Trade accounts receivable |  | $ | 48,582,555 |  |  | $ | 53,896,259 |
Less: allowance for credit losses |  |  | (67,088 | ) |  |  | (126,372 | )
Accounts receivable, net |  | $ | 48,515,467 |  |  | $ | 53,769,887 |
The movement of the allowance for doubtful accounts is as follows:
|  | Fiscal Year |
|  | 2023 |  |  | 2022 |
Balance as of June 30, 2022 |  | $ | 126,372 |  |  | $ | 309,076 |
Adoption of ASU 2016-13 |  |  | 13,372 |  |  |  | - |
Provision for doubtful accounts |  |  | 11,238 |  |  |  | 2,508 |
Recovery of doubtful accounts |  |  | (15,788 | ) |  |  | (180,518 | )
Write off for doubtful account |  |  | (67,599 | ) |  |  | - |
Foreign currency translation adjustments |  |  | (507 | ) |  |  | (4,694 | )
Balance as of June 30, 2023 |  | $ | 67,088 |  |  | $ | 126,372 |

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