2. SUMMARY OF ACCOUNTING PRINCIPLES: Collection Policy (Policies) |
6 Months Ended |
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Jun. 30, 2025 | |
Policies | |
Collection Policy | Collection Policy When all collections activities are exhausted and an account receivable is deemed uncollected, the company creates a reserve in the allowance for doubtful accounts. Based on management experience, which may involve obtaining a legal opinion on its collectability, the company will then write off the amount uncollectible by reducing the allowance for doubtful accounts. |