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

Accounts Receivable (Sound Concepts Inc.)

v3.19.1
Accounts Receivable (Sound Concepts Inc.)
 12 Months Ended
Dec. 31, 2018
Sound Concepts, Inc. [Member]  
Accounts Receivable

Note 3. Accounts Receivable

 

Accounts receivable, net consisted of the following:

 

    December 31,     December 31,  
    2018     2017     2016  
    Unaudited              
Accounts receivable   $ 1,003,000     $ 921,000     $ 681,000  
Less allowance for doubtful accounts     (29,000 )     (10,000 )     (34,000 )
Total accounts receivable, net   $ 974,000     $ 911,000     $ 647,000  

 

During the year ended December 31, 2018, 2017 and 2016, the Company recognized bad debt expense of $23,000, $81,000 and $78,000, respectively, which was reported as part of Operating Expenses in the accompanying statement of operations.