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Acquisition (Tables) | 3 Months Ended
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Sep. 30, 2019
Business Combinations [Abstract] |
Schedule of estimated fair values of net assets acquired and liabilities assumed |
Accounts receivable, net |  |  | 26,000 |
Inventory |  |  | 55,909 |
Other current assets |  |  | 177,712 |
Distribution rights |  |  | 1,033,860 |
Property, plant and equipment |  |  | 13,534 |
Advance from customers |  |  | (75,287 | )
Tax payable |  |  | (16,251 | )
Deferred tax liabilities |  |  | (258,465 | )
Salary payable |  |  | (24,165 | )
Accrued liabilities and other current liabilities |  |  | (956,890 | )
Non-controlling interest |  |  | 1,372 |
Goodwill |  |  | 1,962,680 |
Total purchase price for acquisition, net of US$ 22,076 of cash |  | $ | 1,940,009 |
Schedule of estimated useful lives |
|  | Preliminary Fair Value |  |  | Weighted Average Useful Life (in Years)
Distribution rights |  | $ | 1,033,860 |  |  | (a)
(a) | The distribution rights with no expiration date has been determined to have an indefinite life.

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- Definition Tabular disclosure of finite-lived and indefinite-lived intangible assets acquired as part of a business combination. + References No definition available. + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=116869197&loc=d3e4845-128472 + Details
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