Trade Accounts Receivable

6 Months Ended

Sep. 30, 2020

Receivables [Abstract]

TRADE ACCOUNTS RECEIVABLE

Note 5 – TRADE ACCOUNTS RECEIVABLE

Trade accounts receivable consisted of the following:

	September 30, 2020			March 31, 2020
Accounts receivable	$	12,215,726		$	12,034,726
Less: allowance for doubtful accounts		(2,223,584	)		(2,264,070	)
Trade accounts receivable, net	$	9,992,142		$	9,770,656

For the three months ended September 30, 2020 and 2019, $28,589 and $101,660 in accounts receivable were written off, respectively. For the six months ended September 30, 2020 and 2019, $55,423 and $137,728 in accounts receivable were written off, respectively. As of September 30, 2020, $398,415 were pledged as collateral for borrowings from financial institutions. As of March 31, 2020, $627,055 were pledged as collateral for borrowings from financial institutions.