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CONCENTRATION OF CREDIT RISK
6 Months Ended
Sep. 30, 2019
CONCENTRATION OF CREDIT RISK  
CONCENTRATION OF CREDIT RISK

NOTE 8 - CONCENTRATION OF CREDIT RISK

We maintain bank account balances, which, at times, may exceed insured limits. We have not experienced any losses with these accounts and believe that we are not exposed to any significant credit risk on cash. At September 30, 2019, there were trade accounts receivable balances outstanding from five customers comprising 99% of the total trade receivables balance. The following table sets forth information as to trade accounts receivable from customers who accounted for more than 10% of our accounts receivable balance as of:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2019

 

March 31, 2019

 

Customer

    

Dollars

    

Percent

    

Dollars

    

Percent

 

A

 

$

197,100

 

24

%  

$

*

 

 *

%

B

 

$

*

 

 *

%  

$

339,032

 

34

%

C

 

$

186,737

 

23

%  

$

246,019

 

24

%

D

 

$

*

 

 *

%

$

244,500

 

24

%

E

 

$

158,314

 

19

%

$

*

 

 *

%

F

 

$

149,500

 

18

%

$

*

 

 *

%

G

 

$

119,850

 

15

%  

$

*

 

 *

%


*less than 10% of total