Aspen Group, Inc. Annual report pursuant to Section 13 and 15(d)

Accounts Receivable

12 Months Ended

Apr. 30, 2019

Note 3. Accounts Receivable

Accounts receivable consisted of the following at April 30, 2019 and 2018:


	April 30,
	2019			2018

Accounts receivable	$	14,988,744		$	8,585,947
Long term contractual accounts receivable		(3,085,243	)		(1,315,050	)
Less: Allowance for doubtful accounts		(1,247,031	)		(468,174	)
Accounts receivable, net	$	10,656,470		$	6,802,723

Bad debt expense for the years ended April 30, 2019 and 2018, were $854,008 and $535,366 respectively.