RESERVES

12 Months Ended

Mar. 31, 2022

Reserves

RESERVES

NOTE 18 – RESERVES

Asset reserves and allowances for years ended March 31, 2022 and 2021 are presented in the following table  :

Description	Balance at Beginning of Year		Charged to Costs and Expenses			Reduction to Allowance for Write off			Credited to Costs and Expenses		Balance at End of Year
Year ended March 31, 2021
Reserves deducted from assets to which they apply:
Allowance for doubtful accounts	$	138,580	$	(5,086	)	$	(10,944	)	$	-	$	122,550
Inventory reserve	$	636,339	$	351,661		$	(623,553	)	$	-	$	364,447
Year ended March 31, 2020
Reserves deducted from assets to which they apply:
Allowance for doubtful accounts	$	337,461	$	16,086		$	(227,184	)	$	12,217	$	138,580
Inventory reserve	$	434,000	$	688,200		$	(485,861	)	$	-	$	636,339