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, 2023
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:

 

SCHEDULE OF ACCOUNTS PAYABLE AND ACCRUED EXPENSES

    As of     As of  
    June 30, 2023     June 30, 2022  
             
Accounts Payable   $ 1,114,915     $ 1,175,527  
Accrued Liabilities     3,695,091       3,507,415  
Accrued Payroll     982,884       1,397,605  
Accrued Payroll Taxes     170,063       153,416  
Taxes Payable     195,491       328,755  
Other Payable     393,737       250,823  
Total   $ 6,552,181     $ 6,813,541  

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Consolidated Financial Statements

June 30, 2023 and 2022