ACCRUED LIABILITIES |
3 Months Ended |
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Nov. 30, 2018 | |
ACCRUED LIABILITIES [Abstract] | |
ACCRUED LIABILITIES |
NOTE 8 – ACCRUED LIABILITIES
At November 30, 2018, the Company had accrued liabilities of $259,200, of which $38,800 was for estimated property taxes, $34,600 was for professional fees, and $185,800 was for operating payables.
At August 31, 2018, the Company had accrued liabilities of $849,500, of which $400,000 was for accrued compensation, $29,000 was for estimated property taxes, $59,000 was for professional fees and the remaining $361,500 was related to operating payables.
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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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