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Note A - Summary of Accounting Policies and Nature of Operations: Accounts Receivable (Policies)

12 Months Ended

Dec. 31, 2015

Accounts Receivable

The Company operates and grants credit, on an uncollateralized basis. Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers comprising the Company’s customer base and their dispersion across different industries as well as the Company’s emphasis on obtaining deposits and/or payment in advance for services from the majority of its customers. During the years ended December 31, 2015 and 2014, the Company had two customers that each comprised approximately 8% and 7% of total revenues.

Accounts receivable, other than certain large customer accounts which are evaluated individually, are considered past due for purposes of determining the allowance for doubtful accounts based on past experience of collectability as follows:

1 – 29 days	1.5	%
30 – 59 days	30	%
60 – 89 days	50	%
> 90 days	100	%

In addition, if the Company becomes aware of a specific customer’s inability to meet its financial obligations, a specific reserve is recoded against amounts due to reduce the net recognized receivable to the amount reasonably expected to be collected. Total bad debt expense and direct write-off for the year ended December 31, 2015 was $777. There was a net reduction in bad debt expense and direct write-off for the year ended December 31, 2014 of $5,665.

Accounts receivable consist of the following at December 31:

Schedule of Accounts Receivable

Accounts receivable

Less allowance for doubtful accounts