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PREPAYMENTS, NET (Tables) | 12 Months Ended
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Dec. 31, 2019
Notes to Financial Statements |
Schedule of Prepayments, net | Prepayments, net consist of the following:
|  | December 31, |  |  | December 31, |
|  | 2019 |  |  | 2018 |
Prepayments |  | $ | 487,841 |  |  | $ | 1,457,272 |
Allowance for doubtful accounts |  |  | (188,264 | ) |  |  | (124,740 | )
Total prepayments, net |  | $ | 299,577 |  |  | $ | 1,332,532 |
Schedule of Movements of allowance for doubtful accounts |
Movements of allowance for doubtful accounts are as follows: |  |  |  |  |  |  |  |
Beginning balance |  | $ | 124,740 |  |  | $ | 127,470 |
Addition |  |  | 66,045 |  |  |  | 4,310 |
Exchange rate effect |  |  | (2,521 | ) |  |  | (7,040 | )
Ending balance |  | $ | 188,264 |  |  | $ | 124,740 |

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