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General form of registration statement for all companies including face-amount certificate companies

Accounts Receivable

v2.4.0.8
Accounts Receivable
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements [Abstract]  
3. Accounts Receivable

Note 3. Accounts Receivable


Accounts receivable consisted of the following at December 31, 2012 and 2011:


                 

 

 

December 31,

 

 

 

2012

 

 

2011

 

 

 

 

 

 

 

 

Accounts receivable

 

$

275,206

 

 

$

262,694

 

Less: Allowance for doubtful accounts

 

 

(35,535

)

 

 

(47,595

)

Accounts receivable, net

 

$

239,671

 

 

$

215,099

 


Bad debt expense was $133,907 and $21,200 for the years ended December 31, 2012 and 2011, respectively.