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INCOME TAXES (Tables)
12 Months Ended
Aug. 31, 2024
Income taxes (note 6)  
Schedule of provision for income taxes
        
   2024   2023 
         
Computed tax at the federal statutory rate  $92,555   $294,398 
State taxes, net of federal benefit   10,000    62,193 
Other   669    1,383 
           
Provision for income taxes  $103,224   $357,974 
           
Current income taxes  $103,224   $357,974 
Deferred income taxes   (21,154)   (294,877)
Income tax expense benefit net  $82,070   $63,097 
Schedule of deferred income tax asset and liabilities
        
   2024   2023 
         
Deferred tax assets:          
Allowance for inventory  $443,913   $496,067 
Allowance for bad debts   —      —   
Difference between book and tax depreciation   (13,587)   (86,895)
           
Total deferred tax assets   430,326    409,172 
Valuation allowance   —      —   
           
Net deferred tax assets   430,326    409,172 
           
Net deferred tax liability   (89,297)   (89,297)
           
Combined net deferred tax asset (liability)  $341,029   $319,875