Schedule II - Valuation and Qualifying Accounts

12 Months Ended

Mar. 31, 2013

Schedule II - Valuation and Qualifying Accounts

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

FRIEDMAN INDUSTRIES, INCORPORATED

Column A	Column B		Column C				Column D		Column E
Description	Balance at Beginning of Period		Additions				Deductions— Describe(B)		Balance at End of Period
			Charged to Costs and Expenses		Charged to Other Accounts— Describe(A)
Year ended March 31, 2013 Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)	$	37,276	$	—	$	736,502	$	736,502	$	37,276
Year ended March 31, 2012 Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)	$	37,276	$	27,120	$	823,771	$	850,891	$	37,276

(A) Cash discounts allowed on sales and charged against revenue.

(B) Accounts receivable written off and cash discounts allowed on sales.