NOTE 4 – PROPERTY AND EQUIPMENT

12 Months Ended

Aug. 31, 2024

Property, Plant and Equipment [Abstract]

NOTE 4 – PROPERTY AND EQUIPMENT

 NOTE 4 – 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 $3,879 and $4,441 for the years ended August 31, 2024 and 2023, respectively.

As of August 31, 2024 and 2023, the balance of property and equipment was as follows:

	August 31, 2024			August 31, 2023
Leasehold improvement	$	146,304		$	146,304
Appliances and furniture		25,974			25,974
Total cost		172,278			172,278
Accumulated depreciation		(167,903	)		(164,024	)
Property and equipment, net	$	4,375		$	8,254

AB INTERNATIONAL GROUP CORP.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS