Accounts Receivable, Net

12 Months Ended

Dec. 31, 2018

Receivables [Abstract]

ACCOUNTS RECEIVABLE, NET

NOTE 5 - ACCOUNTS RECEIVABLE, NET

Accounts receivable, net consisted of the following:

	December 31,			December 31,
	2018			2017
Accounts receivable	$	163,903,305		$	148,312,117
Less: allowance for doubtful accounts		(13,855,508	)		(13,927,156	)
Accounts receivable, net	$	150,047,797		$	134,384,961

No customer individually accounted for more than 10% of our revenues or accounts receivable for the years ended December 31, 2018 and 2017. The changes in the allowance for doubtful accounts for the years ended December 31, 2018 and 2017 were summarized as follows:

	December 31,			December 31,
	2018			2017
Beginning balance	$	13,927,156		$	11,686,417
Add: Increase (Decrease) to allowance		610,610			1,474,872
Effects on changes in foreign exchange rate		(682,258	)		765,867
Ending balance	$	13,855,508		$	13,927,156