XML 34 R8.htm IDEA: XBRL DOCUMENT v2.4.1.9
Schedule II - Valuation and Qualifying Accounts
12 Months Ended
Mar. 31, 2015
Valuation and Qualifying Accounts [Abstract]  
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  
            Additions                

Description

  

Balance at
Beginning
of Period

    

Charged to
Costs and
Expenses

    

Charged to
Other Accounts—
Describe(A)

    

Deductions—
Describe(B)

    

Balance at
End of Period

 

Year ended March 31, 2015

              

Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)

   $ 27,276       $ 4,306       $ 484,451       $ 488,757       $ 27,276   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

Year ended March 31, 2014

Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)

$ 37,276    $ 12,363    $ 541,556    $ 563,919    $ 27,276   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

 

 

(A) Cash discounts allowed on sales and charged against revenue.
(B) Accounts receivable written off and cash discounts allowed on sales.