v3.10.0.1

Consoldiated Balance Sheets - USD ($)	Dec. 31, 2018	Jun. 30, 2018
Current assets
Cash and cash equivalents	$ 3,565	$ 7,179
Prepaid and other receivable, net of allowance of $117,959 and $122,544 at December 31, 2018 and June 30, 2018, respectively	3,773	3,920
Total current assets	7,338	11,099
Fixed assets, net	14,712	15,285
Film costs		755,395
Total assets	22,050	781,779
Current liabilities
Accounts payable	8,914	9,145
Accrued liabilities and other payable	339,443	312,851
Due to related parties	652,914	597,726
Total current liabilities	1,001,271	919,722
Total liabilities	1,001,271	919,722
Stockholders' equity
Common stock, $0.00001 par value, 180,000,000 shares authorized; 39,750,000 shares issued and outstanding at December 31, 2018 and June 30, 2018	398	398
Additional paid-in capital	11,311,784	11,298,300
Accumulated other comprehensive income	626,928	619,693
Accumulated deficit	(12,918,331)	(12,056,334)
Total stockholders' equity	(979,221)	(137,943)
Total liabilities and stockholders' equity	$ 22,050	$ 781,779

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

CHINA MEDIA INC. 10-Q