ACCOUNTS RECEIVABLE (Notes)

12 Months Ended

Jun. 30, 2015

Accounts receivable includes unsecured trade receivables due from customers. The Company performs credit evaluations of its customers and does not require collateral to establish an account receivable. The Company's largest customer was on cash in advance terms as of June 30, 2015 and 2014, respectively.

The Company evaluates collectibility of accounts receivable based on a number of factors. Accounts receivable are considered to be past due if unpaid one day after their due date. An allowance for doubtful accounts is recorded for past due receivable balances based on a review of the past due item and general economic conditions. The Company writes off accounts receivable when they become uncollectible. The Company recovered $112,417 of previously written-off accounts receivable during fiscal 2014. There were no recoveries during fiscal 2015. Changes in the allowance for doubtful accounts were as follows:



Fiscal Year Ended June 30,	Balance, beginning of year		Provision charged to expense		Amounts written-off		Balance, end of year
2015	$	20,501	25,725		(20,174	)	$	26,052
2014	$	43,405	(182,020	)	159,116		$	20,501

The vast majority of international customers, outside of Canada, purchase products on a cash against documents or cash in advance basis. Approximately 5% and 14% of the Company's trade accounts receivable at June 30, 2015 and 2014, were foreign receivables denominated in U.S. dollars.