Annual report pursuant to Section 13 and 15(d)

2. Summary of Significant Accounting Policies: Accounts Receivable (Policies)

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2. Summary of Significant Accounting Policies: Accounts Receivable (Policies)
12 Months Ended
Sep. 30, 2016
Policies  
Accounts Receivable

Accounts Receivable

Accounts receivable are carried at original invoice amount less an estimate made for doubtful accounts.  Specific reserves are estimated by management based on certain assumptions and variables, including the customer’s financial condition, age of the customer’s receivables and changes in payment histories.  Accounts receivable are written off when management determines the likelihood of collection is remote.  A receivable is considered to be past due if any portion of the receivable balance has not been received by the contractual payment date.  Interest is not charged on accounts receivable that are past due.  The Company recorded an allowance for doubtful accounts of $75,161 and $30,495 as of September 30, 2016 and 2015, respectively.