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SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

May 31, 2022

Accounting Policies [Abstract]

Schedule of property plant and equipment useful life

Schedule of property plant and equipment useful life
Office equipment	3-7 years
Warehouse equipment	2-10 years
Buildings	5-30 years

Schedule of Earnings Per Share, Basic and Diluted

Schedule of Earnings Per Share, Basic and Diluted
		Three Month Periods ended May 31,								Nine Month Periods ended May 31,
		2022				2021				2022				2021
Net income		$	1,494,111			$	2,414,477			$	1,372,789			$	2,849,839
Basic weighted average number of common shares outstanding			3,492,842				3,489,161				3,492,266				3,485,525
Effect of dilutive securities
Stock options			—				—				—				—
Diluted weighted average number of common shares outstanding		$	3,492,842			$	3,489,161			$	3,492,266			$	3,485,525

Fair Value, Option, Quantitative Disclosures

Fair Value, Option, Quantitative Disclosures
		May 31, 2022								August 31, 2021
		Carrying				Fair				Carrying				Fair
		Amount				Value				Amount				Value
Cash and cash equivalents		$	2,130,450			$	2,130,450			$	1,184,313			$	1,184,313
Accounts receivable, net of allowance			8,271,856				8,271,856				7,086,503				7,086,503
Accounts payable and accrued liabilities			3,839,998				3,839,998				3,147,765				3,147,765
Bank Indebtedness			9,000,000				9,000,000				3,000,000				3,000,000

Fair Value, Assets Measured on Recurring Basis

Fair Value, Assets Measured on Recurring Basis
		May 31, 2022				Quoted Prices in Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents		$	2,130,450			$	2,130,450			$	—			$	—

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

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Tabular disclosure of information about asset and liability measured at fair value under fair value option.

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Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

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