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Other Payables
9 Months Ended
Mar. 31, 2022
Other Payables  
Other Payables

17. Other Payables

 

Other payables amounted to $549,856 and $750,485 as of March 31, 2022 and June 30, 2021, respectively. Other payables are mainly credit card payables. As of March 31, 2022, the Company had eight credit cards, one of which is an American Express charge card with no limit and zero interest. The remaining seven cards had an aggregate credit limit of $85,000, and annual percentage rates ranging from 11.24% to 29.99%. As of March 31, 2022 and June 30, 2021, the Company had credit cards interest expense of $5,719 and $8,961, respectively.