XML 47 R14.htm IDEA: XBRL DOCUMENT v3.24.2
Property and Equipment, Net
9 Months Ended 12 Months Ended
Mar. 31, 2024
Jun. 30, 2023
Property and Equipment, Net [Abstract]    
Property and equipment, net

Note 7 – Property and equipment, net

 

Property and equipment, net consist of the following:

 

  

As of
March 31,

2024

  

As of

June 30,

2023

 
   (Unaudited)   (Audited) 
Computer and office equipment  $154,454   $142,520 
Furniture and fixtures   73,689    73,355 
Motor vehicle   82,172    83,185 
Leasehold improvement   131,180    132,797 
Subtotal   441,495    431,857 
Less: accumulated depreciation   (240,537)   (152,257)
Total  $200,958   $279,600 

 

Depreciation expense for the three and nine months ended March 31, 2024 were amounted to $26,770 and $90,941, respectively.  Depreciation expense for the three and nine months ended March 31, 2023 were amounted to $20,756 and $83,664, respectively.

Note 7 – Property and equipment, net

 

Property and equipment, net consist of the following:

 

  

As of

June 30,
2023

  

As of

June 30,
2022

 
         
Computer and office equipment  $142,520   $151,205 
Furniture and fixtures   73,355    76,148 
Motor vehicle   83,185    88,045 
Leasehold improvement   132,797    89,425 
Subtotal   431,857    404,823 
Less: accumulated depreciation   (152,257)   (67,178)
Total  $279,600   $337,645 

 

Depreciation expense for years ended June 30, 2023 and 2022 were amounted to $108,483 and $60,605, respectively.