Annual report pursuant to Section 13 and 15(d)

ACCOUNTS RECEIVABLE

v3.20.1
ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 3 – ACCOUNTS RECEIVABLE


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

 


There was bad debt expense related to accounts receivable of $220,405 and $0 in 2019 and 2018, respectively. The Company wrote-off $75,000 of accounts receivable in 2019 There was bad debt expense related to accounts receivable of $75,000 and $0 in 2019 and 2018. The Company created an allowance for doubtful accounts in 2019 for $145,405.