v3.5.0.2
ACCOUNTS RECEIVABLE, NET
 3 Months Ended
Sep. 30, 2016
Accounts Receivable and Payable [Abstract]  
Accounts Receivable Net Disclosure [Text Block]
Note 4. ACCOUNTS RECEIVABLE, NET
 
The Company’s net accounts receivable are as follows:
 
 
 
September 30,
 
June 30,
 
 
 
2016
 
2016
 
 
 
 
 
 
 
Trade accounts receivable
 
$
876,025
 
$
2,540,052
 
Less: allowances for doubtful accounts
 
 
(97,534)
 
 
(207,028)
 
Accounts receivables, net
 
$
778,491
 
$
2,333,024
 
 
For the three months ended September 30, 2016, recovery of doubtful accounts receivable was $109,693, because the Company fully collected the balance from Tengda Northwest Ferroalloy Co., Ltd. For the three months ended September 30, 2015, recovery of doubtful accounts receivable was $14,415.