Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies: Accounts Receivable Policy (Policies)

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Summary of Significant Accounting Policies: Accounts Receivable Policy (Policies)
6 Months Ended
Jun. 30, 2017
Policies  
Accounts Receivable Policy

Accounts receivable, net

Accounts receivable is reported at the customers’ outstanding balances, less any allowance for doubtful accounts.  An allowance for doubtful accounts on accounts receivable is charged to operations in amounts sufficient to maintain the allowance for uncollectible accounts at a level management believes is adequate to cover any probable losses.  Management determines the adequacy of the allowance based on historical write-off percentages and information collected from individual customers.  Accounts receivable are charged off against the allowance when collectability is determined to be permanently impaired.