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ACCOUNTS RECEIVABLE, NET | 12 Months Ended
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Dec. 31, 2023
Seamless Group Inc. [Member] |
ACCOUNTS RECEIVABLE, NET | 4 Accounts receivable, net ACCOUNTS RECEIVABLE, NET SCHEDULE OF ACCOUNTS RECEIVABLE NET
|  | 2023 |  |  | 2022 |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Accounts receivable |  |  | 2,638,333 |  |  |  | 3,184,892 |
Allowance for credit losses |  |  | (187,462 | ) |  |  | (117,195 | )
Accounts receivable, net |  |  | 2,450,871 |  |  |  | 3,067,697 |
The movements in allowance for credit losses are as follows: SCHEDULE OF ALLOWANCE FOR DOUBTFUL ACCOUNTS
|  | 2023 |  |  | 2022 |
|  | December 31, |
|  | 2023 |  |  | 2022 |
|  | US$ |  |  | US$ |
Balance at the beginning of year |  |  | 117,195 |  |  |  | — |
Additional for the year |  |  | 70,267 |  |  |  | — |
Acquisition of a subsidiary |  |  | — |  |  |  | 117,195 |
Balance at the end of year |  |  | 187,462 |  |  |  | 117,195 |

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- Definition The entire disclosure for claims held for amounts due to 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. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/310-10/tableOfContent Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 + Details
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- Details
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