ACCOUNTS RECEIVABLE

6 Months Ended

Jun. 30, 2014

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

NOTE 5. ACCOUNTS RECEIVABLE

Accounts receivable consisted of the following:

	June 30,		December 31,
	2014		2013
Accounts receivable	$	25,378,338	$	33,311,614
Less: Allowance for doubtful accounts		(1,811,646)		(984,717)
Accounts receivable, net	$	23,566,693	$	32,326,897

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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