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Deferred Revenue
3 Months Ended
Oct. 31, 2023
Deferred Revenue [Abstract]  
DEFERRED REVENUE

NOTE 10 – DEFERRED REVENUE

 

As of October 31, 2023 and July 31, 2023, the balance of deferred revenue represented the Company’s contract liabilities, including payments received in advance of providing consulting services which will be recognized as revenue as the Company completed the performances. As of October 31, 2023 and July 31 2023, the Company had deferred revenues of $nil and $70,000, respectively. 

 

For the three months ended October 31, 2023 and 2022, $nil and $20,785 of advance from customer balance as of July 31, 2023 and 2022 were recognized as revenues, respectively. For the three months ended October 31, 2023, $70,000 of advance from customer balance as of July 31, 2023 was recognized as other income.