Deposits and Other Receivables

6 Months Ended

Nov. 30, 2024

Deposits And Other Receivables

Deposits and Other Receivables

Note 9. Deposits and Other Receivables

Deposit and other receivables consist of the following as of November 30, 2024 and May 31, 2024:

	November 30, 2024		May 31, 2024		Increase/
	(unaudited)		(audited)		(Decrease)
	$		$		$
Deposits paid		14,618		13,195		1,423
Other receivables		10,152		13,813		(3,661	)
Total		24,770		27,008		(2,238	)

Deposits balance $14,618 is deposits paid to landlord for renting office and warehouse. Other receivables balance $10,152 is the advances to staff for business conference and function, travelling expenses and office expenses.

As of November 30, 2024 and May 31, 2024, the deposit and other receivables balances are $24,770 and $27,008 respectively, as compared that is a decrease of $2,238. The decrement is mainly due to decrease in staff advance $3,661 and offset increase in deposit $1,423.