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Accounts Receivable
6 Months Ended
Jun. 30, 2019
Receivables [Abstract]  
ACCOUNTS RECEIVABLE

NOTE 6 – ACCOUNTS RECEIVABLE

 

As of June 30, 2019 and December 31, 2018, accounts receivable consisted of the following:

 

   June 30,
2019
   December 31,
2018
 
Accounts receivable  $12,080,586   $13,855,040 
Less: allowance for doubtful accounts   (11,051,884)   (9,527,060)
   $1,028,702   $4,327,980 

 

The Company reviews the accounts receivable on a periodic basis and makes general and specific allowances when there is doubt as to the collectability of individual balances. For the six months ended June 30, 2019 and 2018, bad debt expense amounted to $4,356,123 and $1,315,990, respectively.