Accounts Receivable

12 Months Ended

Dec. 31, 2019

Receivables [Abstract]

ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE

Accounts receivable consisted of the following:

	December 31, 2019			December 31, 2018
Accounts receivable	$	8,047,929		$	4,370,620
Less: Allowance for doubtful accounts		(341,667	)		(279,733	)
Total, net	$	7,706,262		$	4,090,887

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. After evaluating the collectability of individual receivable balances, the Company recognized bad debt allowance of $341,667 and $279,733 for the years ended December 31, 2019 and 2018.

The novel coronavirus epidemic that began in the PRC in 2019 has significantly impacted the operation of customers, resulting in delays in collecting outstanding receivables as of December 31, 2019. As of the date of this report, a majority of the Company's customers have resumed normal operations. The Company expects to recover past due balance in the next operating period..