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Prepayments and other current assets, net | 6 Months Ended
--- | ---
Dec. 31, 2023
Prepayments And Other Current Assets Net |
Prepayments and other current assets, net | Note 8 – Prepayments and other current assets, net As of December 31, 2023 and June 30, 2023, prepayments and other current assets consisted of the following:
Schedule of prepayments and other current assets |  |  |  |  |  |
|  | December 31, 2023 |  |  | June 30, 2023 |
Advance to suppliers |  | $ | 750,973 |  |  | $ | 1,668,173 |
Prepaid income taxes |  |  | 41,987 |  |  |  | 45,718 |
Prepaid expenses and other receivables |  |  | 939,377 |  |  |  | 1,393,433 |
Less: Allowance for credit losses |  |  | (249,128 | ) |  |  | (249,128 | )
Total |  | $ | 1,483,209 |  |  | $ | 2,858,196 |
Other receivables consisted of delivery fees of $64,831 and $165,962 and receivables from one and two unrelated parties for their use of the Company’s courier accounts at December 31, 2023 and June 30, 2023. The changes in allowance for credit losses on other receivables are summarized below:
Schedule of allowance for credit losses on other receivables |  |  |  |
|  | Allowance for Credit Losses |
Balance at June 30, 2022 |  | $ | – |
Allowance recorded during the three months ended September 30, 2022 |  |  | – |
Balance at September 30, 2022 |  | $ | – |
Allowance recorded during the three months ended December 31, 2022 |  |  | – |
Balance at December 31, 2022 |  | $ | – |
Balance at June 30, 2023 |  | $ | 249,128 |
Allowance recorded during the three months ended September 30, 2023 |  |  | – |
Balance at September 30, 2023 |  | $ | 249,128 |
Allowance recorded during the three months ended December 31, 2023 |  |  | – |
Balance at December 31, 2023 |  | $ | 249,128 |

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