XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.1
SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Feb. 28, 2022
Accounting Policies [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
                
   Three Month Periods
ended February 28,
   Six Month Periods
ended February 28,
 
   2022   2021   2022   2021 
                 
Net income (loss)  $269,820   $(53,164)  $(121,322)  $435,363 
                     
Basic weighted average number of common shares outstanding   3,492,842    3,486,495    3,491,969    3,483,814 
                     
Effect of dilutive securities                    
Stock options                
                     
Diluted weighted average number of common shares outstanding   3,492,842    3,486,495    3,491,969    3,483,814 
Fair Value, Option, Quantitative Disclosures
                    
  

February 28,

2022

  

August 31,

2021

 
   Carrying   Fair   Carrying   Fair 
   Amount   Value   Amount   Value 
Cash and cash equivalents  $899,055   $899,055   $1,184,313   $1,184,313 
Accounts receivable, net of allowance   9,137,254    9,137,254    7,086,503    7,086,503 
Accounts payable and accrued liabilities   3,739,100    3,739,100    3,147,765    3,147,765 
Bank Indebtedness   9,500,000    9,500,000    3,000,000    3,000,000 
Fair Value, Assets Measured on Recurring Basis
                    
  

February 28,

2022

   Quoted Prices
in Active
Markets
(Level 1)
   Significant
Other
Observable
Inputs
(Level 2)
   Significant
Unobservable
Inputs
(Level 3)
 
Assets:                    
Cash and cash equivalents  $899,055   $899,055   $   $