JEWETT-CAMERON TRADING COMPANY LTD. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	May 31, 2020	Aug. 31, 2019
Current assets
Cash and cash equivalents	$ 3,269,289	$ 9,652,310
Accounts receivable, net of allowance of $0 (August 31, 2019 - $0)	6,880,459	2,835,952
Inventory, net of allowance of $32,538 (August 31, 2019 - $119,357) (note 3)	6,786,087	6,377,805
Notes receivable (note 9)	563,010	1,197
Prepaid expenses	1,336,080	393,539
Prepaid income taxes	121,734	223,420
Total current assets	18,956,659	19,484,223
Property, plant and equipment, net (note 4)	2,774,912	2,727,406
Intangible assets, net (note 5)	719	3,048
Total assets	21,732,290	22,214,677
Current liabilities
Accounts payable	1,520,610	410,027
Current portion of notes payable (note 8)	302,536	0
Accrued liabilities	1,650,289	1,312,580
Total current liabilities	3,473,435	1,722,607
Notes payable (note 8)	378,171
Deferred tax liability (note 6)	100,775	61,204
Total liabilities	3,952,381	1,783,811
Capital stock (note 10, 11) Authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value Issued 3,481,162 common shares (August 31, 2019 - 3,971,282)	821,284	936,903
Additional paid-in capital	618,707	618,707
Retained earnings	16,339,918	18,875,256
Total stockholders' equity	17,779,909	20,430,866
Total liabilities and stockholders' equity	$ 21,732,290	$ 22,214,677

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

- Definition

Amount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.