ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2019

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

NOTE 4 – ACCOUNTS RECEIVABLE

Accounts receivable is net of allowance for doubtful accounts.

	December 31,
	2019		2018
Accounts receivable	$	73,797,773	$	61,526,404
Less: allowance for doubtful accounts		(1,253,571)		(939,535)
Accounts receivable, net	$	72,544,202	$	60,586,869

Changes in the allowance for doubtful accounts are as follows:

	December 31,
	2019		2018
Beginning balance	$	939,535	$	868,973
Provision for doubtful accounts		314,036		70,562
Ending balance	$	1,253,571	$	939,535