Annual report pursuant to Section 13 and 15(d)

Accrued Expenses

v3.20.4
Accrued Expenses
 12 Months Ended
Nov. 30, 2020
Payables And Accruals [Abstract]  
Accrued Expenses

NOTE 8 - ACCRUED EXPENSES

Accrued expenses are as follows:

 

 

 

November 30,

 

 

 

2020

 

 

2019

 

Professional fees

 

$

47,729

 

 

$

115,000

 

Payroll and payroll taxes (1)

 

 

606,828

 

 

 

513,108

 

Interest expense

 

 

779,444

 

 

 

950,300

 

General expenses

 

 

504,306

 

 

 

330,726

 

Federal and state taxes

 

 

959,904

 

 

 

176,046

 

 

 

$

2,898,211

 

 

$

2,085,180

 

 

(1)

– Payroll and payroll taxes includes accrued vacation and wages due as of November 30, 2020 and November 30, 2019.