NOTE
8 – CONTRACT LIABILITIES
Contract
liabilities consist of the following:
SCHEDULE OF CONTRACT LIABILITIES
| | |
February 28, 2025 | | |
February 28, 2026 | | |
February 28, 2026 | |
| | |
As of | |
| | |
February 28, 2025 | | |
February 28, 2026 | | |
February 28, 2026 | |
| | |
S$ | | |
S$ | | |
US$ | |
| Balance at beginning of the year | |
| 16,699 | | |
| 544,678 | | |
| 431,053 | |
| Additions | |
| 914,678 | | |
| 1,602,456 | | |
| 1,268,167 | |
| Recognized to revenue during the year | |
| (386,699 | ) | |
| (2,147,134 | ) | |
| (1,699,220 | ) |
| Balance at end of the year | |
| 544,678 | | |
| - | | |
| - | |
Contract
liabilities represent the payment advanced from customers.
|