Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Jun. 30, 2024
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 14 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

Accounts payable and accrued expenses consisted of the following:

 

    As of     As of  
    June 30, 2024     June 30, 2023  
             
Accounts Payable   $ 1,426,930     $ 1,114,915  
Accrued Liabilities     4,323,662       3,695,091  
Accrued Payroll     1,392,112       982,884  
Accrued Payroll Taxes     215,197       170,063  
Taxes Payable     634,035       195,491  
Other Payable     240,406       393,737  
Total   $ 8,232,342     $ 6,552,181  

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Consolidated Financial Statements

June 30, 2024 and 2023