3.
Accounts Receivable, net
Accounts
receivable, net consisted of the following as of March 31:
Schedule
of accounts
receivable
| | |
2026 | | |
2025 | |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
USD | | |
USD | |
| Accounts receivable | |
| 4,646,506 | | |
| 1,659,811 | |
| Less: allowance for expected credit loss | |
| (28,073 | ) | |
| (28,287 | ) |
| Accounts receivable, net | |
| 4,618,433 | | |
| 1,631,524 | |
The
movement of allowance for expected credit loss of accounts receivable, net are as follows:
Schedule
of movement of allowance for expected credit loss
| | |
2026 | | |
2025 | |
| | |
As of March 31, | |
| | |
2026 | | |
2025 | |
| | |
USD | | |
USD | |
| Balance at beginning of the year | |
| 28,287 | | |
| 10,248 | |
| (Reversal) / Addition during the year | |
| (214 | ) | |
| 18,039 | |
| Balance at end of the year | |
| 28,073 | | |
| 28,287 | |
PHOENIX
ASIA HOLDINGS Limited and its subsidiaries
Notes to Consolidated Financial Statements
|