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Schedule II-Schedule of Valuation and Qualifying Accounts | 12 Months Ended
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Dec. 31, 2019
Schedule II - Schedule of Valuation and Qualifying Accounts |
Schedule II - Schedule of Valuation and Qualifying Accounts | Item 15. Exhibits, Financial Statement Schedules. (a) (1) All financial statements: See Retractable Technologies, Inc. Index to Financial Statements on Page F-2. (2) Those financial statement schedules required to be filed by Item 8 of this form, and by paragraph (b) below. Schedule II-Schedule of Valuation and Qualifying Accounts for the years ended December 31, 2020, 2019, and 2018:
|  | Balance at |  |  |  |  |  |  |  |  |  |
|  | beginning |  |  |  |  |  |  |  | Balance at |
|  | of period |  | Additions |  | Deductions |  | end of period |
Provision for Inventories |  |  |  |  |  |  |  |  |  |  |  |  |
Fiscal year ended 2018 |  | $ | 594,939 |  | $ | — |  | $ | 297,731 |  | $ | 297,208 |
Fiscal year ended 2019 |  | $ | 297,208 |  | $ | — |  | $ | — |  | $ | 297,208 |
Fiscal year ended 2020 |  | $ | 297,208 |  | $ | — |  | $ | — |  | $ | 297,208 |
Provision for Accounts Receivable |  |  |  |  |  |  |  |  |  |  |  |  |
Fiscal year ended 2018 |  | $ | 101,872 |  | $ | 47,793 |  | $ | — |  | $ | 149,665 |
Fiscal year ended 2019 |  | $ | 149,665 |  | $ | — |  | $ | 3,283 |  | $ | 146,382 |
Fiscal year ended 2020 |  | $ | 146,382 |  | $ | 125,000 |  | $ | 65,560 |  | $ | 205,822 |
Deferred Tax Valuation |  |  |  |  |  |  |  |  |  |  |  |  |
Fiscal year ended 2018 |  | $ | 5,825,954 |  | $ | 325,444 |  | $ | — |  | $ | 6,151,398 |
Fiscal year ended 2019 |  | $ | 6,151,398 |  | $ | — |  | $ | 1,121,560 |  | $ | 5,029,838 |
Fiscal year ended 2020 |  | $ | 5,029,838 |  | $ | — |  | $ | 5,029,838 |  | $ | — |
Provision for Rebates |  |  |  |  |  | (A) |  |  | (B) |  |  | (C) |
Fiscal year ended 2018 |  | $ | 4,794,193 |  | $ | 24,372,111 |  | $ | 24,579,457 |  | $ | 4,586,847 |
Fiscal year ended 2019 |  | $ | 4,586,847 |  | $ | 24,212,830 |  | $ | 24,526,108 |  | $ | 4,273,569 |
Fiscal year ended 2020 |  | $ | 4,273,569 |  | $ | 26,104,612 |  | $ | 26,566,256 |  | $ | 3,811,925 |
| (A) |  | Represents estimated rebates deducted from gross revenues.
| (B) |  | Represents rebates credited to the distributor and charge offs against the allowance.
| (C) |  | Includes $3,435,352; $3,586,726; and $3,896,341 in Accounts payable for 2020, 2019, and 2018, respectively.

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- Definition The entire disclosure for valuation and qualifying accounts and reserves. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Subsection 09 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SX 210.12-09) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e24092-122690 + Details
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