ACCOUNTS RECEIVABLE

6 Months Ended

Jul. 31, 2018

ACCOUNTS RECEIVABLE

ACCOUNTS RECEIVABLE

NOTE 6 — ACCOUNTS RECEIVABLE

The Company may extend credit to a customer based on an evaluation of the customer’s financial condition, generally without requiring collateral. Exposure to losses on accounts and notes receivable is expected to differ by customer due to the varying financial condition of each customer. The Company monitors its exposure to credit losses and maintains an allowance for anticipated losses considered necessary under the circumstances based on historical experience with uncollected accounts and a review of its currently outstanding amounts receivable. As of July 31, 2018, Company did not have an allowance for uncollectible accounts. As of January 31, 2018, the amount of the allowance for uncollectible accounts was not material.