3. ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2013

Accounts Receivable, Net [Abstract]

3. ACCOUNTS RECEIVABLE, NET

3. ACCOUNTS RECEIVABLE, NET

The majority of the Company’s sales is cash on delivery, or secured by customer deposits. A small portion of our revenues is on open credit terms and in accordance with terms specified in the contracts governing the relevant transactions. The Company evaluates the need of an allowance for doubtful accounts based on specifically identified amounts that management believes to be uncollectible. If actual collections experience changes, revisions to the allowance may be required. The Company did not experience significant losses from uncollectible accounts in the past; accordingly, the management decided to accrue one percent of the accounts receivable outstanding within one year and a hundred percent of the accounts receivable outstanding for longer than one year as bad debt allowance as of December 31, 2013 and December 31, 2012, respectively.

Accounts Receivable
		12/31/2013			12/31/2012
Accounts receivable	$	4,116,934		$	498,026
Less: Allowance for bad debt		(41,169	)		(11,714	)
Accounts receivable, net	$	4,075,765		$	486,312