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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
Apr. 30, 2014
Accounts Receivable [Abstract]  
Accounts Receivable

Note 3. Accounts Receivable


Accounts receivable consisted of the following at April 30, 2014 and April 30, 2013:


                 

 

 

April 30,

 

 

April 30,

 

 

 

2014

 

 

2013

 

 

 

 

 

 

 

 

Accounts receivable

 

$

871,427

 

 

$

437,323

 

Less: Allowance for doubtful accounts

 

 

(221,537

)

 

 

(72,535

)

Accounts receivable, net

 

$

649,890

 

 

$

364,788

 


Bad debt expense for the years ended April 30, 2014, and December 31, 2012, and four months ended April 30, 2013 and 2012, were $154,732, $133,907, $37,000, and $32,955 respectively.