|
Note 8 - Accrued Liabilities
|
6 Months Ended |
|---|---|
|
Feb. 29, 2012
|
|
| Notes To Financial Statements | |
| Accounts Payable and Accrued Liabilities Disclosure [Text Block] |
NOTE
8 ACCRUED LIABILITIES
At
February 29, 2012, the Company had accrued liabilities of
$100,400, of which $59,500 was for estimated property taxes and
$40,800 was for professional fees.
At
August 31, 2011, the Company had accrued liabilities of $118,600,
of which $62,400 was for estimated property taxes on the Sky
Ranch property, $49,500 was for professional fees, and the
remaining $6,700 was related to operating payables.
|