3. ACCOUNTS RECEIVABLE

6 Months Ended

Jun. 30, 2014

Notes to Financial Statements

Note 3. ACCOUNTS RECEIVABLE

	June 30, 2014			December 31, 2013
Accounts receivable	$	2,287,490		$	2,056,964
Allowances for doubtful accounts		(44,706	)		(44,849	)
	$	2,242,784		$	2,012,115

The Company has pledged $148,902 of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).