Accounts Payable and Accrued Expenses |
3 Months Ended | |||
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Nov. 30, 2021 | ||||
| Payables and Accruals [Abstract] | ||||
| ACCOUNTS PAYABLE AND ACCRUED EXPENSES |
Accounts payable as at November 30, 2021 and August 31, 2021 consist primarily of amounts outstanding for construction and expansion of the oil extraction plant and other operating expenses that are due on demand.
Accrued expenses as at November 30, 2021 and August 31, 2021 consist primarily of other operating expenses and interest accruals on promissory notes (Note 11) and convertible debentures (Note 12). |
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- Definition The entire disclosure for accounts payable and accrued liabilities at the end of the reporting period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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