Note 2: Detail of Certain Balance Sheet Accounts

12 Months Ended

Aug. 31, 2013

Notes

Note 2: Detail of Certain Balance Sheet Accounts

Note 2:  Detail of Certain Balance Sheet Accounts

Details of certain balance sheet accounts are as follows:

	August 31,
	2013	2012
Accounts receivable:
Trade receivables – non-related party	$         890,985	$         306,053
Other receivables	28,984	3,534
Allowance for doubtful accounts	(20,000)	(20,000)
	$         899,969	$         289,587

Inventories:
Parts and supplies	$      1,353,614	$      1,180,428
Work-in-process	990,668	803,049
Finished goods	201,488	520,480
Reserve for obsolete inventories	(100,000)	(100,000)
	$      2,445,770	$      2,403,957

Accrued liabilities:
Warranty reserve	$          50,968	$          24,261
Training and installation reserve	5,528	10,589
Accrued taxes payable	44,677	93,551
Payroll, commissions and other	472,707	296,297
	$        573,880	$        424,698