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Schedule II - Valuation and Qualifying Accounts
 12 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Schedule of Valuation and Qualifying Accounts Disclosure [Text Block]
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, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)
 
$
22,276
 
 
$
—
 
 
$
307,932
 
 
$
302,932
 
 
$
27,276
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Year ended March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for doubtful accounts receivable and cash discounts (deducted from related asset account)
 
$
27,276
 
 
$
4,153
 
 
$
334,796
 
 
$
343,949
 
 
$
22,276
 
 
 
(A)
Cash discounts allowed on sales and charged against revenue.
(B)
Accounts receivable written off and cash discounts allowed on sales.