Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 9 Months Ended
Mar. 31, 2024
Payables and Accruals [Abstract]  
ACCOUNTS PAYABLE AND ACCRUED EXPENSES

NOTE 12 - ACCOUNTS PAYABLE AND ACCRUED EXPENSES

 

Accounts payable and accrued expenses consisted of the following:

 

    As of     As of  
    March 31, 2024     June 30, 2023  
             
Accounts Payable   $ 1,364,926     $ 1,114,915  
Accrued Liabilities     3,619,695       3,695,091  
Accrued Payroll     1,110,573       982,884  
Accrued Payroll Taxes     169,967       170,063  
Taxes Payable     88,591       195,491  
Other Payable     354,185       393,737  
Total   $ 6,707,937     $ 6,552,181  

 

 

NETSOL TECHNOLOGIES, INC.

Notes to Condensed Consolidated Financial Statements

March 31, 2024

(Unaudited)