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Other Payables
12 Months Ended
Jun. 30, 2022
Other Payables  
Other Payables

19. Other Payables

 

Other payables amounted to $473,799 and $750,485 as of June 30, 2022 and 2021, respectively. Other payables are mainly credit card payables. As of June 30, 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 June 30, 2022 and 2021, the Company had credit cards interest expense of $7,647 and $8,961, respectively.