v3.25.2
Summary of Significant Accounting Policies: Comprehensive Income (loss), Policy (Policies)
12 Months Ended
Jul. 31, 2023
Policies  
Comprehensive Income (loss), Policy

Comprehensive Loss

 

The Company adopted FASB ASC 220, “Reporting Comprehensive Income”, which establishes standards for the reporting and display of comprehensive income and its components in the financial statements. Comprehensive income consists of net income and other gains and losses affecting stockholders’ equity that are excluded from net income, such as unrealized gains and losses on investments available for sale, foreign currency translation gains and losses and minimum pension liability. Since Inception, the Company’s other comprehensive income represents foreign currency translation adjustments.