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Prepayments and Other Receivables

6 Months Ended

Jun. 30, 2020

Prepayments and Other Receivables [Abstract]

Prepayments and Other Receivables

5. Prepayments and Other Receivables

Prepayments and other receivables as of December 31, 2019 and June 30, 2020 consisted of the following:

		December 31,				June 30,
		2019				2020
Value added tax recoverable		$	4,124,624			$	3,520,903
Prepayments to suppliers			60,090				301,964
Deposits			63,184				24,043
Staff advances			53,731				44,839
Prepaid operating expenses			317,151				381,525
Others			124,133				159,075
			4,742,913				4,432,349
Less: Allowance for doubtful accounts			(7,000	)			(7,000	)
		$	4,735,913			$	4,425,349

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The entire disclosue for prepayments and other receivables.

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