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TRADE RECEIVABLES
3 Months Ended
Mar. 31, 2023
TRADE RECEIVABLES  
TRADE RECEIVABLES

NOTE 3 - TRADE RECEIVABLES

  

The Company has performed an analysis on all its trade receivables and determined that all amounts are collectible by the Company. As such, trade receivables are reflected as a current asset and no allowance for impairment has been recorded as of March 31, 2023 and December, 31, 2022. The Company’s trade receivables consist of receivable from customers which are unrelated to the Company. The account receivables are interest bearing at a rate of 6% per annum on a case to case basis for customers that exceeded credit term. The normal trade credit term is generally on 30 days to 90 days term.