1. Summary of Significant Accounting Policies: Accounts and Other Receivables (Policies)

12 Months Ended

May 31, 2024

Policies

Accounts and Other Receivables:

Accounts and Other Receivables:

Accounts and other receivables are stated at an amount management expects to collect from outstanding balances.  Management provides for probable uncollectible accounts through a charge to earnings and a credit to a valuation allowance based on its assessment of the current status of individual accounts.  Balances that are still outstanding after management has used reasonable collection efforts are written off through a charge to the valuation allowance and a credit to the receivable.