XML 36 R25.htm IDEA: XBRL DOCUMENT v3.24.3
LOANS PAYABLE- RELATED PARTY (Tables)
12 Months Ended
Jul. 31, 2024
LOANS PAYABLE- RELATED PARTY  
Schedule of loans payable - related party

 

 

Principal

 

 

Maturity

 

Interest

 

 

July 31,

 

 

 

Amount

 

 

date

 

Rate

 

 

2024

 

Loan dated December 1,2023

 

$125,000

 

 

12/1/2053

 

 

9.50%

 

$22,500

 

Loan dated December 1,2023

 

$125,000

 

 

12/1/2053

 

 

9.50%

 

 

6,000

 

Loan dated December 1,2023

 

$125,000

 

 

12/1/2053

 

 

9.50%

 

 

-

 

Loan dated December 1,2023

 

$125,000

 

 

12/1/2053

 

 

9.50%

 

 

-

 

Total loans payable

 

 

 

 

 

 

 

 

 

 

 

 

28,500

 

Less: current portion

 

 

 

 

 

 

 

 

 

 

 

 

(28,500)

Long -term loans portion

 

 

 

 

 

 

 

 

 

 

 

$-

 

Schedule of maturities of long-term loans payable -related party

Year ending July 31,

 

 

 

2025

 

$32,953

 

Thereafter

 

 

-

 

 

 

 

32,953

 

Imputed interest

 

 

(4,453)

 

 

$28,500