Note 5 - Accounts Receivable

9 Months Ended

Aug. 31, 2024

Notes to Financial Statements

Accounts and Nontrade Receivable [Text Block]

5) Accounts receivable 

Accounts receivable are shown net of allowances for expected credit losses. Expected losses are recorded in administrative expense at the time of receivable recognition.

The activity related to expected credit losses for the nine months ended August 31, 2024 is as follows:

	Nine Months Ended (Continuing operations)
	August 31, 2024
Balance, beginning	$	32,137
Provision charged to expense		37,128
Less amounts charged-off		(12,619	)
Balance, ending	$	56,646

The activity of allowance for doubtful accounts for activity for the nine months ended August 31, 2023 under legacy US GAAP is as follows:

	Nine Months Ended (Continuing operations)
	August 31, 2023
Balance, beginning	$	33,288
Provision charged to expense		1,419
Less amounts charged-off		-
Balance, ending	$	34,707