Summary of Significant Accounting Policies: Accounts receivable policy (Policies)

12 Months Ended

Dec. 31, 2020

Policies

Accounts receivable policy

Accounts receivable

Accounts receivable is comprised of uncollateralized customer obligations due under normal trade terms. The Company performs ongoing credit evaluation of its customers and management closely monitors outstanding receivables based on factors surrounding the credit risk of specific customers, historical trends, and other information. The carrying amount of accounts receivable is reviewed periodically for collectability. If management determines that collection is unlikely, an allowance that reflects management’s best estimate of the amounts that will not be collected is recorded. Accounts receivable are presented net of an allowance for doubtful accounts of $182,191 and $106,958 at December 31, 2020 and 2019, respectively.