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6. ACCOUNTS PAYABLE AND ACCRUED EXPENSE

12 Months Ended

Dec. 31, 2014

Payables and Accruals [Abstract]

6. ACCOUNTS PAYABLE AND ACCRUED EXPENSE

Accounts payable and accrued expenses consist of the following:

		As of December 31,
		2014				2013
Accounts payable		$	3,181,465			$	3,998,660
Salary payable			234,932				212,138
Social security insurance contribution payable			89,232				57,674
Price adjustment funds			-				861,071
Other payables			499,099				516,288
Total		$	4,004,728			$	5,645,831

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- Definition

The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period.

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No definition available.

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