4.
ACCOUNTS RECEIVABLE, NET
Accounts
receivable, net, consists of the following:
SCHEDULE
OF ACCOUNTS
RECEIVABLE, NET
| | |
2025 | | |
2026 | |
| | |
As
of March 31, | |
| | |
2025 | | |
2026 | |
| | |
US$ | | |
US$ | |
| Accounts receivable | |
| 4,015,652 | | |
| 6,123,875 | |
| Less : Allowance for
credit loss | |
| (249,295 | ) | |
| (567,648 | ) |
| Accounts receivable,
net | |
| 3,766,357 | | |
| 5,556,227 | |
The
changes in the allowance for credit loss were as follows:
SCHEDULE
OF MOVEMENTS IN ALLOWANCE FOR CREDIT LOSS
| | |
2025 | | |
2026 | |
| | |
As
of March 31, | |
| | |
2025 | | |
2026 | |
| | |
US$ | | |
US$ | |
| | |
| | |
| |
| Balance at beginning of year | |
| 281,598 | | |
| 249,295 | |
| Allowance acquired through business acquisitions | |
| - | | |
| 70,719 | |
| Allowance for expected credit loss | |
| 99,263 | | |
| 371,299 | |
| Write-back of allowance
for credit loss | |
| (131,566 | ) | |
| (123,665 | ) |
| Balance at end of
year | |
| 249,295 | | |
| 567,648 | |
|