3. ACCOUNTS RECEIVABLE

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Note 3. ACCOUNTS RECEIVABLE

	June 30, 2013			December 31, 2012
Accounts receivable	$	2,778,559		$	2,212,448
Allowances for doubtful accounts		(38,869	)		(13,089	)
	$	2,739,690		$	2,199,359

The Company has pledged $163,813 of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).