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Prepayments and other current assets

9 Months Ended

Mar. 31, 2022

Prepayments And Other Current Assets

Prepayments and other current assets

Note 8 – Prepayments and other current assets

As of March 31, 2022 and June 30, 2021, prepayments and other current assets consisted of the following:  

Schedule of prepayments and other current assets
		March 31, 2022				June 30, 2021
Advance to suppliers		$	6,571,914			$	3,969,625
Prepaid expenses and other receivables			1,241,858				723,375
Total		$	7,813,772			$	4,693,000

Other receivables consisted of delivery fees of $156,590 and $178,581 and receivables from two unrelated parties for their use of the Company’s courier accounts at March 31, 2022 and June 30, 2021.

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