Trade Accounts and Bills Receivable, net

3 Months Ended

Dec. 31, 2015

Trade Accounts and Bills Receivable, net [Text Block]

3. Trade Accounts and Bills Receivable, net

Trade accounts and bills receivables, net as of September 30 and December 31, 2015 consisted of the following:

		September 30,			December 31,
		2015			2015
Trade accounts receivable	$	4,792,416		$	4,903,974
Less: Allowance for doubtful accounts		(122,115	)		(165,441	)
		4,670,301			4,738,533
Bills receivable		101,657			7,698
	$	4,771,958		$	4,746,231

An analysis of the allowance for doubtful accounts is as follows:

		December 31, 2014		December 31, 2015
Balance at beginning of period	$	-	$	122,115
Provision for the period		-		46,687
Foreign exchange adjustment		-		(3,361	)
Balance at end of period	$	-	$	165,441