XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.2
6. Prepayments and other current assets
9 Months Ended
Mar. 31, 2021
Notes to Financial Statements  
Prepayments and other current assets

Note 6 – Prepayments and other current assets

 

As of March 31, 2021 and June 30, 2020, prepayments and other current assets consisted of the followings:

 

  

March 31,

2021

  

June 30,

2020

 
Advance to suppliers  $1,768,768   $298,841 
Prepaid expenses and Other receivables   1,154,804    317,390 
           
Total  $2,923,572   $616,231 

 

Other receivables consisted of delivery fees of $212,266 and $132,433 and receivables from two unrelated parties for their use of the Company’s courier accounts at March 31, 2021 and June 30, 2020. As of the date of this report, the amount had been fully collected.