| Schedule of Prepaid Expenses and Other Current Assets |
Schedule
of Prepaid Expenses and Other Current Assets
| | |
August 31,
2024 | | |
February 29,
2024 | |
| Prepayment to vendors | |
$ | 515,443 | | |
$ | 421,055 | |
| Prepayment for rental (a)(a) | |
| 436,360 | | |
| 429,923 | |
| Deposit | |
| 268,851 | | |
| 344,997 | |
| Loan receivable (b)(b) | |
| 1,470,435 | | |
| 1,299,420 | |
| Advances to employees | |
| 633,287 | | |
| 541,590 | |
| Other | |
| 433,224 | | |
| 397,190 | |
| VAT | |
| 956 | | |
| 5,310 | |
| Total | |
| 3,758,556 | | |
| 3,439,485 | |
| Allowance for doubtful debt | |
| (148,717 | ) | |
| (146,491 | ) |
| Total | |
| 3,609,839 | | |
| 3,292,994 | |
| (a) |
Prepayment
for rental included a rental agreement of parking lot with a third party. The contract became effective on January 1, 2021 and will
end on December 31, 2030. The Company has paid full rent as of August 31, 2024. |
| (b) |
Loan
receivables are loans borrow to third parties. All loans are interest free and will be repaid on demand. |
|