NOTE 5 – PROPERTY AND EQUIPMENT

3 Months Ended

Nov. 30, 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 $1,116 and $13,300 for the three months ended November 30, 2022 and 2021, respectively.

As of November 30, 2022 and August 31, 2022, the balance of property and equipment was as follows:

	November 30, 2022			August 31, 2022
Leasehold improvement	$	146,304		$	146,304
Appliances and furniture		25,974			25,974
Total cost		172,278			172,278
Accumulated depreciation		(160,699	)		(159,583	)
Property and equipment, net	$	11,579		$	12,695