XML 86 R11.htm IDEA: XBRL DOCUMENT v3.20.1
Note 4 - Accounts Receivable
12 Months Ended
Dec. 31, 2019
Notes to Financial Statements  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]
4
.
Accounts Receivable
:
 
The accounts receivable as at
December 31, 2019,
is summarized as follows:
 
   
2019
   
2018
 
Accounts receivable
  $
2,446,486
    $
39,769
 
                 
Provision for doubtful accounts
   
(53,708
)    
(27,666
)
                 
Net accounts receivable
  $
2,392,778
    $
12,103
 
 
The Company had bank accounts with the National Bank of Anguilla. During the year ended
December 31, 2016,
the National Bank of Anguilla filed for chapter
11
protection. The Company expensed the balance on account of
$27,666
in fiscal
2016
as a doubtful debt. The Company has a doubtful debt provision of
$26,042
for existing accounts receivable.