ACCOUNTS RECEIVABLE

12 Months Ended

Oct. 31, 2013

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

3.	ACCOUNTS RECEIVABLE

Accounts receivable consists of revenues receivable, interest receivable and other receivable. The revenue receivable are from the operators of the oil and gas projects for the sale of oil and gas by the operators on the Company’s behalf and are carried at net receivable amounts less an estimate for doubtful accounts. Management considers all accounts receivable to be fully collectible at October 31, 2013 and October 31, 2012. Accordingly, no allowance for doubtful accounts or bad debt expense has been recorded.

	October 31, 2013		October 31, 2012
Accounts receivable	$	35,760	$	38,485
Less: allowance for doubtful account		-		-
	$	35,760	$	38,485

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

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BRINX RESOURCES LTD 10-K/A