OFFICE LEASE - RIGHT OF USE ASSET AND LEASE LIABILITY (Details Narrative) |
12 Months Ended | |||||
---|---|---|---|---|---|---|
Jul. 31, 2022
USD ($)
|
Jul. 31, 2022
CAD ($)
|
Jul. 31, 2021
USD ($)
|
Jul. 31, 2021
CAD ($)
|
May 01, 2021
CAD ($)
|
Jul. 31, 2020
CAD ($)
|
|
Right-of-use asset | $ 37,106 | $ 37,106 | $ 47,001 | $ 47,001 | $ 0 | |
Lease liability | $ 41,333 | $ 49,475 | ||||
Lease expiration date | Apr. 29, 2026 | |||||
Description of lease liability | The lease liability represents a monthly payment of $1,066 for the period from May 1, 2021 to April 30, 2023, $1,121 for the period from May 1, 2023 to April 30, 2024, and $1,175 for the period from May 1, 2024 to April 30, 2026 | |||||
Lease liability, discount rate | 12.00% |