RIGHT-TO-USE LEASE ASSETS, NET

9 Months Ended

May 31, 2021

Transfers and Servicing [Abstract]

RIGHT-TO-USE LEASE ASSETS, NET

NOTE 8 – RIGHTS-TO-USE LEASE ASSETS, NET 

Rights-to-use lease assets, net consisted of the following:

	May 31, 2021			August 31, 2020
Right-to-use gross asset	$	223,237		$	228,510
Less: accumulated amortization		(152,445	)		(102,156)
Right-to-use asset, net	$	70,792		$	126,354

The estimated amortization expenses for each of the two succeeding years is as follows: 

Year ending May 31,		Amortization expense
	2021	$	70,792
	Total	$	70,792