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INCOME TAXES (Schedule of effective income tax rate reconciliation) (Details) - USD ($)
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Income Tax Disclosure [Abstract]    
Income before income taxes $ 2,104,801 $ 1,730,141
Other-net (17,397) 2,443
Adjusted pre-tax income $ 2,087,404 $ 1,732,584
Statutory rate 21.00% 26.42%
Income tax provision at statutory rate $ 438,355 $ 457,749
Remeasurement of federal deferred income taxes (2,390,000)
State deferred income taxes 134,000 587,000
Other-net 17,645 101,251
Income tax provision $ 590,000 $ (1,244,000)