Post-effective amendment to a registration statement that is not immediately effective upon filing

ACCOUNTS RECEIVABLE (Tables)

v3.20.2
ACCOUNTS RECEIVABLE (Tables)
 6 Months Ended 12 Months Ended
Jun. 30, 2020
Dec. 31, 2019
Receivables [Abstract]    
Schedule of Accounts Receivable

The Company’s notes payable relating to financing agreements classified as current liabilities consist of the following as of:


 

 

June 30, 2020

 

December 31, 2019

 

Notes Payable

 

Principal

 

 

 

Interest

 

Principal

 

 

 

Interest

 

Third Party - Insurance Note 1

 

$

8,662

 

 

 

7.31

%

 

$

28,500

 

 

 

7.31

%

 

Third Party - Insurance Note 2

 

 

41,282

 

 

 

5.26

%

 

 

—

 

 

 

6.36

%

 

Third Party - Insurance Note 3

 

 

1,656

 

 

 

—

 

 

13,799

 

 

 

—

 

 

Third Party - Insurance Note 4

 

 

124,196

 

 

 

—

 

 

 

—

 

 

 

6.36

%

 

Total

 

$

175,796

 

 

 

 

 

 

$

42,299

 

 

 

 

 

 


Accounts receivable were as follows at December 31, 2019 and  2018:


 

 

2019

 

 

2018

 

Accounts receivable

 

$

2,757,013

 

 

$

1,538,793

 

Allowance for doubtful accounts

 

 

(145,405)

 

 

 

—

 

 

 

$

2,611,608

 

 

$

1,538,793