ACCOUNTS PAYABLE AND OTHER LIABILITIES – HOTEL

3 Months Ended

Sep. 30, 2022

Payables and Accruals [Abstract]

ACCOUNTS PAYABLE AND OTHER LIABILITIES – HOTEL

NOTE 12 – ACCOUNTS PAYABLE AND OTHER LIABILITIES – HOTEL

The following summarizes the balances of accounts payable and other liabilities – Hotel as of September 30, 2022 and June 30, 2022.

As of	September 30, 2022		June 30, 2022
Trade payable	$	2,120,000	$	2,841,000
Advance deposits		1,061,000		493,000
Property tax payable		504,000		-
Payroll and related accruals		2,433,000		2,223,000
Mortgage interest payable		-		513,000
Withholding and other taxes payable		1,025,000		920,000
Security deposit		52,000		52,000
Lease payable		130,000		183,000
Other		2,007,000		1,265,000
Total accounts payable and other liabilities - Hotel	$	9,332,000	$	8,490,000