3. ACCOUNTS RECEIVABLE

3 Months Ended

Mar. 31, 2014

Notes to Financial Statements

Note 3. ACCOUNTS RECEIVABLE

3.           Accounts Receivable

	March 31, 2014			December 31, 2013
Accounts receivable	$	2,899,965		$	2,056,964
Allowances for doubtful accounts		(43,151	)		(44,849	)
	$	2,856,814		$	2,012,115

The Company has pledged $204,500 (2013 – $303,696) of the above listed accounts receivable as collateral for the Flexible Solutions Ltd. loan from AFSC (see Note 9b).