Related Party Transactions	12 Months Ended
May 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions Disclosure [Text Block]	Note 5. Related Party Transactions During the year ended May 31, 2022, the Company’s CEO sold 8,000,000 shares of common stock held by the CEO at $0.50 per share. The CEO contributed the proceeds from the stock sales to the Company in the amount of $400,084. The Company recorded the cash receipts to additional paid in capital. On January 21, 2022, the Company entered into a loan agreement with the Chief Executive Officer in the amount of $102,238. The loan is non-interest bearing and payable on demand. The Company offset an advance from the CEO to the Company in the amount of $300 against this loan. The Company imputed interest at the rate of 8% per annum on this loan, and recorded interest income in the amount of $2,905 during the year ended May 31, 2022. At May 31, 2022, the amount of principal and interest due to the Company is $104,843. On July 3, 2021, the Company entered into a loan agreement with its Chief Executive Officer for $20,000. The loan was non-interest bearing and payable on demand. On October 1, 2021 the Company recorded the full loan repayment of $20,000 to the Chief Executive Officer.

Related Party Transactions

12 Months Ended

May 31, 2022

Note 5. Related Party Transactions

During the year ended May 31, 2022, the Company’s CEO sold 8,000,000 shares of common stock held by the CEO at $0.50 per share. The CEO contributed the proceeds from the stock sales to the Company in the amount of $400,084. The Company recorded the cash receipts to additional paid in capital.

On January 21, 2022, the Company entered into a loan agreement with the Chief Executive Officer in the amount of $102,238. The loan is non-interest bearing and payable on demand. The Company offset an advance from the CEO to the Company in the amount of $300 against this loan. The Company imputed interest at the rate of 8% per annum on this loan, and recorded interest income in the amount of $2,905 during the year ended May 31, 2022. At May 31, 2022, the amount of principal and interest due to the Company is $104,843.

On July 3, 2021, the Company entered into a loan agreement with its Chief Executive Officer for $20,000. The loan was non-interest bearing and payable on demand. On October 1, 2021 the Company recorded the full loan repayment of $20,000 to the Chief Executive Officer.

ACCEL LIQUID GELS 10-K