Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

7. ACCOUNTS RECEIVABLE

v3.21.2
7. ACCOUNTS RECEIVABLE
12 Months Ended
Dec. 31, 2020
Notes  
7. ACCOUNTS RECEIVABLE

7.ACCOUNTS RECEIVABLE 

The Company’s accounts receivable as at December 31, 2020 and 2019 consists of the following:

 

 

 

2020

 

2019

 

 

 

 

 

Trade receivables

$

8,619,200

$

1,111,637

Sales tax receivable

 

128,061

 

351,751

 

$

8,747,261

$

1,463,388

 

 

Sales tax receivable represents excess of input tax credits on purchased goods or services received over sales tax collected on the taxable sales in Canada.

 

 

2020

2019

Current

$2,835,810

$1,111,637

1-30 Days

4,556,868

-

31-60 Days

288,226

-

61-90 Days

916,098

-

91 Days and over

22,198

-

Total trade receivables

$8,619,200

$1,111,637