Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

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Accrued Expenses
 12 Months Ended
Nov. 30, 2018
Payables and Accruals [Abstract]  
Accrued Expenses

NOTE 9—ACCRUED EXPENSES

Accrued expenses are as follows:

 

     November 30,  
     2018      2017  

Professional fees

    $ 14,867      $ 84,555  

Payroll and payroll taxes (1)

      1,021,004        1,068,381  

Interest expense

      864,676        648,274  

General expenses

      478,449        424,782  

Federal and state taxes

      323,792        356,483  
  

 

 

     

 

 

  
   $ 2,702,788      $ 2,582,475  
  

 

 

     

 

 

  

 

  (1)

– Payroll and payroll taxes includes accrued vacation and wages due as of November 30, 2018 and November 30, 2017.