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Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

v3.7.0.1
Accounts Receivable
12 Months Ended
Apr. 30, 2017
Receivables [Abstract]  
Accounts Receivable

Note 3. Accounts Receivable


Accounts receivable consisted of the following at April 30, 2017 and 2016:


 

 

April 30,

 

 

 

2017

 

 

2016

 

 

 

 

 

 

 

 

Accounts receivable

 

$

4,763,726

 

 

$

2,501,880

 

Long term contractual receivable

 

 

657,542

 

 

 

127,099

 

Less: Allowance for doubtful accounts

 

 

(328,864

)

 

 

(449,946

)

Accounts receivable, net

 

$

5,092,404

 

 

$

2,179,033

 


Bad debt expense for the years ended April 30, 2017 and 2016, were $44,320 and $170,677 respectively.