NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET

9 Months Ended

12 Months Ended

May 31, 2022

Aug. 31, 2021

Transfers and Servicing [Abstract]

NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET

NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET 

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

	May 31, 2022			August 31, 2021
Right-to-use gross asset	$	1,431,026		$	223,237
Less: accumulated amortization		(361,469	)		(175,410	)
Right-to-use asset, net	$	1,069,557		$	47,827

NOTE 7 – RIGHTS-TO-USE OPERATING LEASE ASSETS, NET 

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

	August 31, 2021			August 31, 2020
Right-to-use gross asset	$	223,237		$	228,510
Less: accumulated amortization		(175,410	)		(102,156)
Right-to-use asset, net	$	47,827		$	126,354

The right-of-use assets will be fully amortized in the fiscal year 2022.