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v3.22.2.2

ADVANCES TO SUPPLIERS, NET (Tables) | 3 Months Ended
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Sep. 30, 2022
Advances To Suppliers Net |
SCHEDULE OF ADVANCES TO SUPPLIERS | The advances to suppliers, net consisted of the following: SCHEDULE OF ADVANCES TO SUPPLIERS
|  | September 30, 2022 |  |  | June 30, 2022 |
Advances to suppliers |  | $ | 11,904,432 |  |  | $ | 13,548,178 |
Less: allowance for doubtful accounts |  |  | (11,904,432 | ) |  |  | (13,544,627 | )
Advance to suppliers, net |  | $ | - |  |  | $ | 3,551 |
SCHEDULE OF MOVEMENT OF ALLOWANCE OF DOUBTFUL ACCOUNTS ON ADVANCES TO SUPPLIERS | Movement of allowance for doubtful accounts is as follows: SCHEDULE OF MOVEMENT OF ALLOWANCE OF DOUBTFUL ACCOUNTS ON ADVANCES TO SUPPLIERS
|  | September 30, 2022 |  |  | June 30, 2022 |
Beginning balance |  | $ | 13,544,627 |  |  | $ | 13,320,307 |
Charge to (reversal of) expense |  |  | (882,854 | ) |  |  | 4,938,064 |
Less: cessation of subsidiaries and disposal of VIE |  |  | - |  |  |  | (4,210,407 | )
Foreign currency translation adjustments |  |  | (757,341 | ) |  |  | (503,337 | )
Ending balance |  | $ | 11,904,432 |  |  | $ | 13,544,627 |

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