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Accounts Receivable - Trade

12 Months Ended

Dec. 31, 2017

NOTE 5 – ACCOUNTS RECEIVABLE - TRADE

Accounts receivable consisted of the following at December 31, 2017 and 2016:

	2017			2016

Accounts receivable - trade	$	3,846,724		$	3,562,832
Allowance for doubtful accounts		(200,874	)		(453,059	)
Allowance for sales returns and volume rebates		(555,918	)		(165,819	)

Accounts receivable - trade, net of allowances	$	3,089,932		$	2,943,954

The Company wrote off accounts receivable of $163,402 and $55,929 for the years ended December 31, 2017 and 2016, respectively.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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