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4. Accounts Receivable and Due to Factor (Tables)
9 Months Ended
Sep. 30, 2012
Accounts Receivable And Due To Factor Tables  
Account Receivables

We present the receivables, net of allowances, as current assets and we present the amount potentially due to the Factor as a secured financing in current liabilities.

 

Accounts Receivable   September 30, 2012     December 31, 2011  
Accounts receivable - non factored   $ 255,320     $ 1,299,575  
Accounts receivable - factored with recourse     240,446       146,589  
   Less allowance for doubtful accounts     (4,031 )     (7,600 )
      Accounts receivable - net   $ 491,735     $ 1,438,564