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Prepayments and Other Receivables

9 Months Ended

Sep. 30, 2019

Prepayments and Other Receivables [Abstract]

Prepayments and Other Receivables

5. Prepayments and Other Receivables

Prepayments and other receivables as of December 31, 2018 and September 30, 2019 consisted of the following:

		December 31,				September 30,
		2018				2019
Value added tax recoverable		$	5,359,275			$	4,906,241
Prepayments to suppliers			1,157,966				32,040
Deposits			56,974				86,064
Staff advances			54,207				38,324
Prepaid operating expenses			309,415				475,178
Prepaid interest expenses			-				81,270
Others			212,617				226,185
			7,150,454				5,845,302
Less: Allowance for doubtful accounts			(7,000	)			(7,000	)
		$	7,143,454			$	5,838,302

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The entire disclosue for prepayments and other receivables.

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