Clearfield, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Accounts Receivable

Note 5 - Accounts Receivable	6 Months Ended
Mar. 31, 2013
Financing Receivables [Text Block]	Note 5. Accounts Receivable Credit is extended based on the evaluation of a customer’s financial condition and collateral is generally not required. Accounts that are outstanding longer than the contractual payment terms are considered past due. The Company writes off accounts receivable when they become uncollectible; payments subsequently received on such receivables are credited to the allowance for doubtful accounts. At March 31, 2013 and 2012, respectively, the balance in the allowance for doubtful accounts was $97,950.

Note 5 - Accounts Receivable

6 Months Ended

Mar. 31, 2013

Note 5. Accounts Receivable

Credit is extended based on the evaluation of a customer’s financial condition and collateral is generally not required. Accounts that are outstanding longer than the contractual payment terms are considered past due. The Company writes off accounts receivable when they become uncollectible; payments subsequently received on such receivables are credited to the allowance for doubtful accounts. At March 31, 2013 and 2012, respectively, the balance in the allowance for doubtful accounts was $97,950.