v3.10.0.1

Consolidated Balance Sheets (Unaudited) - USD ($)	Oct. 31, 2018	Jul. 31, 2018
Current assets
Cash	$ 18,024	$ 52,716
Accounts receivable, net	6,634	8,632
Total current assets	24,658	61,348
Total assets	24,658	61,348
Current liabilities
Accounts payable and accrued expenses	619,735	627,666
Deferred revenues	5,203	8,462
Taxes payable	337	0
Total current liabilities	625,275	636,128
Total liabilities	625,275	636,128
Commitments and contingencies
Stockholders' equity (deficit)
Preferred stock, $0.001 par value, 100,000,000 shares authorized, zero shares issued and outstanding	0	0
Common stock, $0.001 par value, 500,000,000 shares authorized, 4,977,332 shares issued and outstanding	4,977	4,977
Additional paid-in capital	4,594,285	4,594,285
Accumulated deficit	(5,178,148)	(5,152,172)
Accumulated other comprehensive income	(21,731)	(21,870)
Total stockholders' equity (deficit)	(600,617)	(574,780)
Total liabilities and stockholders' equity (deficit)	$ 24,658	$ 61,348

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.

Grand Perfecta, Inc. 10-Q