Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 3 Months Ended
Sep. 30, 2021
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  
   

September 30,

2021

    

June 30,

2021

  
             
Accounts Payable   $ 939,871     $ 1,067,937  
Accrued Liabilities     4,320,310       4,512,499  
Accrued Payroll & Taxes     305,340       228,028  
Taxes Payable     599,011       608,121  
Other Payable     205,338       279,450  
Total   $ 6,369,870     $ 6,696,035  

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

September 30, 2021

(Unaudited)