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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
12 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Statement of Comprehensive Income [Abstract]    
Net income $ 1,514,801 $ 2,974,141
Unrealized gain on available-for-sale securities:    
Unrealized holding gains arising during the period, net of taxes of $130,963 for the fiscal year 2018 (Note 13) 134,117
Reclassification adjustment for net gains included in net income, net of taxes of $7,963 for the year ended July 31, 2018 (Note 13) (15,457)
Unrealized gain on available-for-sale securities, net of taxes 118,660
Comprehensive income $ 1,514,801 $ 3,092,801