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Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

v3.10.0.1
Accounts Receivable
12 Months Ended
Apr. 30, 2018
Receivables [Abstract]  
Accounts Receivable

Note 3. Accounts Receivable


Accounts receivable consisted of the following at April 30, 2018 and 2017:


 

 

April 30,

 

 

 

2018

 

 

2017

 

 

  

 

 

 

 

   

Accounts receivable

 

$

8,585,947

 

 

$

5,421,268

 

Long term contractual accounts receivable

 

 

(1,315,050

)

 

 

(657,542

)

Less: Allowance for doubtful accounts

 

 

(468,174

)

 

 

(328,864

)

Accounts receivable, net

 

$

6,802,723

 

 

$

4,434,862

 


Bad debt expense for the years ended April 30, 2018 and 2017, were $535,366 and $44,320 respectively.