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Income Tax Disclosure: Schedule of Deferred Tax Assets and Liabilities (Tables)
12 Months Ended
Aug. 31, 2024
Tables/Schedules  
Schedule of Deferred Tax Assets and Liabilities

 

Deferred Tax Assets (Gross Values)

August 31, 2024

 

August 31, 2023

Accrued expenses

$

14,930

 

$

-

Unrealized loss on derivative liability

 

121,474

 

 

17,044

Net operating loss carry forward

 

279,081

 

 

104,445

Less valuation allowance

 

(279,081)

 

 

(104,445)

Net deferred tax asset

$

136,404

 

$

17,044

 

Deferred Tax Liabilities (Gross Values)

August 31, 2024

 

August 31, 2023

Accrued expenses

$

-

 

$

(6,648)

Tax depreciation

 

(455)

 

 

(1,060)

Tax amortization

 

-

 

 

(292)

Net deferred tax liability

$

(455)

 

$

(8,000)