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3. Accounts Receivable
9 Months Ended
Sep. 30, 2012
Notes to Financial Statements  
Note 3. Accounts Receivable

 

   

September 30,

2012

   

December 31,

2011

 
Accounts receivable   $ 2,016,299     $ 2,345,211  
Allowances for doubtful accounts     (13,246 )     (13,192 )
    $ 2,003,053     $ 2,332,019  

 

The Company has pledged $87,320 of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).