ADVANCES TO SUPPLIERS, NET (Tables)

12 Months Ended

Jun. 30, 2022

Advances To Suppliers Net

SCHEDULE OF ADVANCES TO SUPPLIERS

The advances to suppliers, net consisted of the following:

	June 30, 2022			June 30, 2021
Advances to suppliers	$	13,548,178		$	21,810,781
Less: allowance for doubtful accounts		(13,544,627	)		(13,320,307	)
Advance to suppliers, net		3,551			8,490,474
Less: advance to suppliers, net, held for discontinued operations		-			(700,348	)
Advance to suppliers, net, held for continuing operations	$	3,551		$	7,790,126

SCHEDULE OF MOVEMENT OF ALLOWANCE FOR DOUBTFUL ACCOUNTS ON ADVANCES TO SUPPLIERS

Movement of allowance for doubtful accounts is as follows:

	June 30, 2022			June 30, 2021
Beginning balance	$	13,320,307		$	3,342,590
Charge to expense		4,938,064			9,420,385
Less: cessation of subsidiaries and disposal of VIE		(4,210,407	)		-
Foreign currency translation adjustments		(503,337	)		557,332
Ending balance	$	13,544,627		$	13,320,307