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Note 3 - Accounts Receivable
12 Months Ended
Nov. 30, 2024
Notes to Financial Statements  
Accounts and Nontrade Receivable [Text Block]

(3)

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.

 

A summary of the Company’s activity in the allowance for expected credit losses is as follows:

 

 

  

Twelve Months Ended (Continuing operations)

 
  

November 30, 2024

 

Balance, beginning

 $32,137 

Provision charged to expense

  67,170 

Less amounts (charged-off) recovered

  9,329 

Balance, ending

 $108,636 

 

 

A summary of the Company’s activity in the allowance for doubtful accounts under legacy U.S. GAAP is as follows:

 

 

  Twelve Months Ended (Continuing operations) 
  

November 30, 2023

 

Balance, beginning

 $33,288 

Provision charged to expense

  (1,151)

Less amounts charged-off

  - 

Balance, ending

 $32,137