Annual report pursuant to Section 13 and 15(d)

Accrued Payroll and Related Liabilities

v3.21.2
Accrued Payroll and Related Liabilities
12 Months Ended
Aug. 31, 2021
Accrued Payroll and Related Liabilities  
Accrued Payroll and Related Liabilities

Note 9: Accrued Payroll and Related Liabilities

 

Accrued payroll liabilities consisted of the following at August 31, 2021 and August 31, 2020:

 

 

 

 

 

 

 

 

    

August 31, 

    

August 31, 

 

 

2021

 

2020

Accrued Payroll

 

$

2,438,000

 

$

1,970,000

Accrued Payroll Taxes

 

 

4,758,000

 

 

3,325,000

Corporate employee accrued paid time off

 

 

680,000

 

 

457,000

Accrued Payroll and related liabilities

 

$

7,876,000

 

$

5,752,000

 

Accrued payroll and accrued payroll taxes represent payroll liabilities associated with the Company’s WSEs as well as its corporate employees.