Significant Accounting Policies: Revenue Recognition Policy (Policies) |
6 Months Ended |
|---|---|
May 31, 2026 | |
| Policies | |
| Revenue Recognition Policy | Revenue recognition (ASC 606). The Company recognizes revenue from home inspection and labor services at a point in time, when the performance obligation is satisfied - typically upon completion and customer acceptance of the inspection or labor service. Washington State Sales Tax (WST 8.8%) collected on behalf of the Washington Department of Revenue is excluded from revenue and recorded as a liability (net presentation under ASC 606-10-32-2A). |