ACCRUED EXPENSES

12 Months Ended

Dec. 31, 2023

ACCRUED EXPENSES

ACCRUED EXPENSES

NOTE 8 – ACCRUED EXPENSES

Accrued expenses consist of the following:

	December 31		December 31
	2023		2022
DGSE
Accrued Interest	$	11,904	$	11,624
Payroll		226,435		146,817
Property tax		8,613		115,222
Sales tax		116,517		153,039
Other administrative expenses		-		424
Subtotal		363,469		427,126
ECHG
Accrued Interest		7,903		8,228
Payroll		375,663		336,226
Other accrued expenses		39,831		7,392
Unvouchered payables - inventory		1,041,188		803,649
Material & shipping costs (COGS)		56,591		229,159
Subtotal		1,521,176		1,384,654
Envela
Accrued Interest		7,227		7,543
Payroll		24,543		25,179
Professional fees		165,651		199,508
Property tax		85,208		87,275
Federal income tax		172,391		-
State income tax		146,758		155,309
Subtotal		601,778		474,814
	$	2,486,423	$	2,286,594