CURRENT LIABILITIES - Schedule of Current Liabilities (Details) (USD $)
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Aug. 31, 2013
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Aug. 31, 2012
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Payables and Accruals [Abstract] | ||
Accounts payable | $ 429,693 | $ 190,667 |
Accrued interest | 26,383 | 13,560 |
Total accrued liabilities, net | $ 456,076 | $ 204,227 |
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- Definition
No authoritative reference available. No definition available.
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- Definition
Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Carrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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