JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Nov. 30, 2019	Aug. 31, 2019
Current assets
Cash and cash equivalents	$ 8,969,249	$ 9,652,310
Accounts receivable, net of allowance of $0 (August 31, 2019 - $0)	2,164,026	2,835,952
Inventory, net of allowance of $165,000 (August 31, 2019 - $119,357) (note 3)	7,280,126	6,377,805
Note receivable	997	1,197
Prepaid expenses	568,815	393,539
Prepaid income taxes	201,956	223,420
Total current assets	19,185,169	19,484,223
Property, plant and equipment, net (note 4)	2,708,144	2,727,406
Intangible assets, net (note 5)	2,912	3,048
Total assets	21,896,225	22,214,677
Current liabilities
Accounts payable	238,133	410,027
Accrued liabilities	1,186,744	1,312,580
Total current liabilities	1,424,877	1,722,607
Deferred tax liability (note 6)	47,103	61,204
Total liabilities	1,471,980	1,783,811
Stockholders' equity
Capital stock (note 8, 9) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value. Issued 3,971,282 common shares (August 31, 2019 -3,971,282)	936,903	936,903
Additional paid-in capital	618,707	618,707
Retained earnings	18,868,635	18,875,256
Total stockholders' equity	20,424,245	20,430,866
Total liabilities and stockholders' equity	$ 21,896,225	$ 22,214,677