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Accounts Receivable (Tables)
6 Months Ended
Jun. 27, 2020
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Text Block]
Accounts receivable, net, consists of the following:
 June 27,
2020
December 31,
2019
Accounts receivable$8,052,930  $8,552,120  
Allowances for doubtful accounts(98,892) (69,433) 
$7,954,038  $8,482,687  

The company has notes receivable with certain customers, which are included in “Accounts receivable, net” in the company’s consolidated balance sheets.

Allowances for doubtful accounts consists of the following:
Balance at December 31, 2019$69,433  
Effect of adoption of ASU No. 2016-13 (Note B)47,011  
Charged to income19,475  
Translation Adjustments(1,817) 
Writeoffs(35,210) 
Balance at June 27, 2020$98,892  
The global economic impact from COVID-19 may adversely affect the credit condition of some of our customers. The company has considered the current credit condition of its customers in estimating the expected credit losses and has not experienced significant changes in customers’ payment trends or significant deterioration in customers’ credit risk as of June 27, 2020. The impact of COVID-19 on our customers’ credit condition is highly uncertain and will largely depend on the outcome of future events, which could cause credit losses to increase.