PROPERTY AND EQUIPMENT
|6 Months Ended|
Feb. 29, 2020
|PROPERTY AND EQUIPMENT|
|PROPERTY AND EQUIPMENT||
NOTE 4 - PROPERTY AND EQUIPMENT
The major classes of fixed assets consist of the following:
Depreciation expense was $834 and $303 for the three months ended February 29, 2020 and February 28, 2019, respectively. Depreciation expense was $1,559 and $568 for the six months ended February 29, 2020 and February 28, 2019, respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef