RELATED PARTY TRANSACTIONS	6 Months Ended
RELATED PARTY TRANSACTIONS	Feb. 28, 2021
RELATED PARTY TRANSACTIONS
Note 5. RELATED PARTY TRANSACTIONS	The Company does not own any real property. In February 2020, the Company entered into a lease agreement with a related party, namely the mother-in-law of the Company’s president, for $164 per month Three parties related to the Company's president have signed storage service contracts for $136 per month each. The relationships of three related parties are: (a) an unlimited company owned by the spouse of the Company’s president, (b) an unlimited company owned by the sister-in-law and (c) an unlimited company owned a cousin of the Company’s president. The Company has adopted ASC 842, Leases, on September 1, 2019 and elected to follow practical expedient for short term leases, which allows to not recognize lease liability and right of use asset on leases shorter than 12 months. The Company has received $15,170 from related party (Note 6).

Yumba Records Storage, Inc. 10-Q