TRADE ACCOUNTS RECEIVABLE

9 Months Ended

Sep. 30, 2011

Trade accounts receivable is comprised of the following amounts at the respective dates:

	As of
	9/30/2011			12/31/2010

Gross trade accounts receivable from customers	$	14,248,304		$	11,437,591
Allowance for doubtful customer accounts		(415,519	)		(400,379	)
	$	13,832,785		$	11,037,212

The Company did not recognize any bad debt expense during the three and nine months ended September 30, 2011. The increase in allowance for doubtful accounts was due to foreign currency translation.

- Definition

The entire disclosure for claims held for amounts due a company. Examples include trade accounts receivables, notes receivables, loans receivables.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

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Reference 3: http://www.xbrl.org/2003/role/presentationRef

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef

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Reference 8: http://www.xbrl.org/2003/role/presentationRef

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+ Details

China Shandong Industries, Inc. 10-Q