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ACCOUNTS RECEIVABLE
12 Months Ended
Mar. 31, 2023
Credit Loss [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 4 – ACCOUNTS RECEIVABLE

 

Our net accounts receivable are summarized as follows:

 

           
   March 31, 2023   March 31, 2022 
Accounts receivable  $32,592,931   $47,010,336 
Less: allowance for doubtful accounts   (3,246,551)   (3,055,252)
Accounts receivable, net  $29,346,380   $43,955,084 

 

The following presents a reconciliation of our allowance for doubtful accounts for the periods presented:

 

March 31, 2021  $148,540 
Increase in allowance   2,903,304 
Write-off of uncollectible amounts   (12,703)
Purchase accounting   16,111 
March 31, 2022   3,055,252 
Increase in allowance   2,160,323 
Write-off of uncollectible amounts   (1,969,024)
March 31, 2023  $3,246,551