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Prepayments and other current assets

6 Months Ended

Dec. 31, 2021

Prepayments And Other Current Assets

Prepayments and other current assets

Note 5 – Prepayments and other current assets

As of December 31, 2021 and June 30, 2021, prepayments and other current assets consisted of the following: 

Schedule of prepayments and other current assets
		December 31, 2021				June 30, 2021
Advance to suppliers		$	5,697,217			$	3,969,625
Prepaid expenses and other receivables			1,107,154				723,375
Total		$	6,804,371			$	4,693,000

Other receivables consisted of delivery fees of $197,416 and $178,581 and receivables from two unrelated parties for their use of the Company’s courier accounts at December 31, 2021 and June 30, 2021.

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