General form of registration statement for all companies including face-amount certificate companies

ACCOUNTS RECEIVABLE

v3.21.1
ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2020
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE


Accounts receivable were as follows at December 31, 2020 and  2019:


 

 

December 31,

 

 

December 31,

 

 

 

2020

 

 

2019

 

Accounts receivable

 

$

1,244,876

 

 

$

2,757,013

 

Allowance for doubtful accounts

 

 

—

 

 

 

(145,405

)

 

 

$

1,244,876

 

 

$

2,611,608

 


There was bad debt (recovery) expense related to accounts receivable of (3,217) and $220,405 in 2020 and 2019, respectively.