Quarterly report pursuant to Section 13 or 15(d)

4. ACCOUNTS RECEIVABLE

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4. ACCOUNTS RECEIVABLE
9 Months Ended
Sep. 30, 2012
Accounts Receivable  
NOTE D - ACCOUNTS RECEIVABLE

Components of accounts receivable as of September 30, 2012 and December 31, 2011 are as follows:

 

   

September 30,

2012

   

December 31,

2011

 
Accounts receivable     $ 1,982,431     $ 1,421,411  
Allowance for doubtful accounts     (61,406     (115,400
Accounts receivable, net   $ 1,921,025     $ 1,306,011