v3.23.4

Balance Sheet - USD ($)	Nov. 30, 2023	Aug. 31, 2023
Current assets:
Cash	$ 1,373	$ 48,819
Total current assets	1,373	48,819
Non-current assets:
Software development	6,563	6,979
Total noncurrent assets	6,563	6,979
Total Assets	7,936	55,798
Current liabilities:
Accounts payable and accrued expenses	3,227	17,694
Accrued interest	222,548	201,612
Total current liabilities	773,512	800,404
Non-current liabilities:
Total non-current liabilities	40,618	27,771
Total Liabilities	814,130	828,175
Commitments and Contingencies (see note 6)
Stockholders’ deficit:
Preferred stock, 100,000,000 $0.001 par value shares authorized none issued and outstanding at November 30, 2023 and August 31, 2023
Common stock, 500,000,000 shares authorized $0.001 par value; 111,619,561 and 111,619,561 shares issued and outstanding on November 30, 2023 and August 31, 2023, respectively	111,619	111,619
Stock subscription receivable	(4,000)	(4,000)
Additional paid-in capital	1,037,873	1,037,873
Accumulated deficit	(1,951,686)	(1,917,869)
Total stockholders’ deficit	(806,194)	(772,377)
Total Liabilities and Stockholders’ Deficit	7,936	55,798
Related Party [Member]
Current liabilities:
Note payable-related party, current portion	547,737	581,098
Non-current liabilities:
Line of credit – related party	13,033	13,033
Other long term liabilities	13,490	14,738
Nonrelated Party [Member]
Non-current liabilities:
Other long term liabilities	$ 14,095

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.

BorrowMoney.com, Inc. 10-Q