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Accrued Expenses and Other Payables (Tables) | 12 Months Ended
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Jun. 30, 2016
Accrued Expenses and Other Payables [Abstract] |
Schedule of accrued expenses and other payables |
|  | June 30, |  |  | June 30, |
|  | 2016 |  |  | 2015 |
Payroll payable |  | $ | 58,704 |  |  | $ | 18,451 |
Welfare payable |  |  | 154,510 |  |  |  | 168,061 |
Accrued expenses |  |  | 4,450,306 |  |  |  | 3,554,733 |
Acquisitions payable* |  |  | 5,568,500 |  |  |  | - |
Other payables |  |  | 6,056,153 |  |  |  | 1,098,705 |
Other levy payable |  |  | 126,219 |  |  |  | 113,027 |
Total |  | $ | 16,414,392 |  |  | $ | 4,952,977 |
*Acquisitions payable represents the amount due to the original owners of the VIEs acquired on June 30, 2016.

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- Definition Tabular disclosure of the (a) carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business (accounts payable); (b) other payables; and (c) accrued liabilities. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). An alternative caption includes accrued expenses. + References No definition available. + Details
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