3. ACCOUNTS RECEIVABLE

3 Months Ended

Mar. 31, 2013

Notes to Financial Statements

Note 3. ACCOUNTS RECEIVABLE

	March 31, 2013			December 31, 2012
Accounts receivable	$	2,841,940		$	2,212,448
Allowances for doubtful accounts		(12,819	)		(13,089	)
	$	2,829,121		$	2,199,359

The Company has pledged $303,696 (2012 – $69,410) of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).