Annual report pursuant to Section 13 and 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

v3.22.2.2
ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 12 Months Ended
Jun. 30, 2022
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, 2022     June 30, 2021  
             
Accounts Payable   $ 1,175,527     $ 1,067,937  
Accrued Liabilities     3,507,415       2,662,666  
Accrued Payroll     1,397,605       1,782,512  
Accrued Payroll Taxes     153,416       295,349  
Taxes Payable     328,755       608,121  
Other Payable     250,823       279,450  
Total   $ 6,813,541     $ 6,696,035  

 

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Consolidated Financial Statements

June 30, 2022 and 2021