NOTE 5 – PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 31, 2022

Property, Plant and Equipment [Abstract]

NOTE 5 – PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

The Company capitalized the renovation cost as leasehold improvement and the cost of furniture and appliances as fixed asset. Leasehold improvement relates to renovation and upgrade of the leased office.

The depreciation expense was $41,010 and $53,048 for the years ended August 31, 2022 and 2021, respectively.

	August 31, 2022			August 31, 2021
Leasehold improvement	$	146,304		$	146,304
Appliances and furniture		25,974			25,974
Total cost		172,278			172,278
Accumulated depreciation		(159,583	)		(118,573	)
Property and equipment, net	$	12,695		$	53,705

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS