SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) |
12 Months Ended | |||
|---|---|---|---|---|
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Jun. 30, 2022
USD ($)
|
Jun. 30, 2021
USD ($)
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Jun. 30, 2022
CNY (¥)
|
Jun. 30, 2022
GBP (£)
|
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| Uninsured deposits related to cash deposits | $ 22,758,963 | $ 31,662,035 | ||
| Advertising costs | $ 119,592 | $ 224,933 | ||
| Valuation Technique, Discounted Cash Flow [Member] | ||||
| Interest rates | 4.35% | 4.35% | 4.35% | 4.35% |
| CHINA | ||||
| Uninsured deposits related to cash deposits | $ 74,627 | ¥ 500,000 | ||
| UNITED KINGDOM | ||||
| Uninsured deposits related to cash deposits | $ 103,659 | £ 85,000 | ||
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- Definition Amount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of cash as of the balance sheet date that is not insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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