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ACCOUNTS RECEIVABLE, NET
 6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Credit Loss [Abstract]    
ACCOUNTS RECEIVABLE, NET

4. ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consisted of the following:

 

 

   December 31,
2023		   June 30,
2024		 
   As of 
   December 31,
2023		   June 30,
2024		 
       (Unaudited) 
Accounts and Note receivable  $601,115   $430,528 
Less: allowance for credit loss   (39,057)   (39,911)
Total  $562,058   $390,617 

 

The credit loss for accounts receivable were nil and US$1,781 for the six months ended June 30, 2023 and 2024, respectively. The Company reversed US$4,298 and nil of allowance for credit loss due to the collection of accounts receivables for the six months ended June 30, 2023 and 2024, respectively. No credit loss provision was written off for the six months ended June 30, 2023 and 2024, respectively.

 

4. ACCOUNTS RECEIVABLE, NET

 

Accounts receivable, net consisted of the following:

  

   2022   2023 
   As of December 31, 
   2022   2023 
Accounts receivable  $1,068,666   $601,115 
Less: allowance for credit loss   (209,868)   (39,057)
Total  $858,798   $562,058 

 

The credit loss for accounts receivable were US$179,038 and nil for the years ended December 31, 2022 and 2023, respectively. The company reversed nil and US$165,288 of allowance for credit loss due to the collection of accounts receivables for the years ended December 31, 2022 and 2023, respectively. No credit loss provision was written off for the years ended December 31, 2022 and 2023, respectively.