XML 46 R22.htm IDEA: XBRL DOCUMENT v3.19.3
COMMITMENTS AND CONTINGENCIES
12 Months Ended
Aug. 31, 2019
Accounting Policies [Abstract]  
COMMITMENTS AND CONTINGENCIES

Operating lease

 

The Company leases office premises and a display store under non-cancelable operating lease agreements with an option to renew the lease. The rental expense for the year ended August 31, 2019 and 2018 was $34,381 and $19,456 respectively. All leases are on a fixed payment basis. None of the leases include contingent rentals. The Company had lease commitment of $229,120 as of August 31, 2019, of which $87,245 was within one year.

 

Future lease commitments

 

FY 2020   $87,245 
FY 2021   $87,245 
FY 2022   $54,630 
Total   $229,120