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Accounts Receivable, Net | 3 Months Ended
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Sep. 30, 2024
Accounts Receivable, Net [Abstract] |
ACCOUNTS RECEIVABLE, NET | NOTE 3 — ACCOUNTS RECEIVABLE, NET Accounts receivable, net consists of the following:
|  | September 30, 2024 |  |  | June 30, 2024 |
Accounts receivable – third-party customers |  | $ | 1,839,243 |  |  | $ | 2,122,107 |
Less: allowance for credit loss – third-party customers |  |  | (52,792 | ) |  |  | (39,955 | )
Accounts receivable from third-party customers, net |  | $ | 1,786,451 |  |  | $ | 2,082,152 |
Add: accounts receivable – related party customers |  | $ | 519,472 |  |  | $ | 777,396 |
Less: allowance for credit loss – related party customers |  |  | (14,111 | ) |  |  | (14,111 | )
Total accounts receivable, net |  | $ | 505,361 |  |  | $ | 763,285 |
Approximately $1.5 million or 65.3% of the accounts receivable balance has been collected as of the report date. The movement of allowance for credit loss for the three months ended September 30, 2024 and the year ended June 30, 2024 is as follows:
|  | September 30, 2024 |  |  | June 30, 2024 |
Beginning balance |  | $ | 54,066 |  |  | $ | 25,909 |
Addition of provision |  |  | 12,837 |  |  |  | 28,157 |
Ending balance |  | $ | 66,903 |  |  | $ | 54,066 |
The Company recorded addition of allowance for credit loss of $12,837 and $ 52,122 for the three months ended September 30, 2024 and 2023, respectively.

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- Definition The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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