Note 5 - Accounts Receivable

6 Months Ended

May 31, 2024

Notes to Financial Statements

Accounts and Nontrade Receivable [Text Block]

5) Accounts receivable 

Accounts receivable are shown net of allowances for expected credit losses. Expected losses are recorded in administrative expense at the time of receivable recognition.

The activity related to expected credit losses for the six months ended May 31, 2024 ended is as follows:

	Six Months Ended (Continuing operations)
	May 31, 2024
Balance, beginning	$	32,137
Provision charged to expense		30,159
Less amounts charged-off		(12,619	)
Balance, ending	$	49,677

The activity of allowance for doubtful accounts for activity for the six months ended May 31, 2023 under legacy US GAAP is as follows:

	Six Months Ended (Continuing operations)
	May 31, 2023
Balance, beginning	$	33,288
Provision charged to expense		2,095
Less amounts charged-off		-
Balance, ending	$	35,383