RELATED PARTY TRANSACTIONS	12 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	NOTE 2 RELATED PARTY TRANSACTIONS *(A) Due to Officer – Related Party* During the year ended September 30, 2023, the Company’s CEO & President, who is also its majority shareholder, advanced $48,393 to the Company to pay Company expenses and was repaid $13,491. The advances are non-interest bearing, unsecured, and due on demand. As of September 30, 2023 the amount due to the related party was $139,636. During the year ended September 30, 2022, the Company’s CEO & President, who is also its majority shareholder, advanced $30,909 to the Company to pay Company expenses and was repaid $1,341. As of September 30, 2022, the amount due to the related party was $104,734. *(B) Accounts Payable – Related Party* On November 1, 2018, the Company entered into a month-to-month office lease with the Company’s CEO & President for its office space at a monthly rate of $100. The lease was terminated in December 2022. For the years ended September 30, 2023 and 2022, the Company recorded rent expense of $300 and $1,200, respectively. As of September 30, 2023, and September 30, 2022, the accounts payable owed to the related party was $5,000 and $4,700, respectively.

RELATED PARTY TRANSACTIONS

12 Months Ended

Sep. 30, 2023

NOTE 2 RELATED PARTY TRANSACTIONS

(A) Due to Officer – Related Party

During the year ended September 30, 2023, the Company’s CEO & President, who is also its majority shareholder, advanced $48,393 to the Company to pay Company expenses and was repaid $13,491. The advances are non-interest bearing, unsecured, and due on demand. As of September 30, 2023 the amount due to the related party was $139,636.

During the year ended September 30, 2022, the Company’s CEO & President, who is also its majority shareholder, advanced $30,909 to the Company to pay Company expenses and was repaid $1,341. As of September 30, 2022, the amount due to the related party was $104,734.

(B) Accounts Payable – Related Party

On November 1, 2018, the Company entered into a month-to-month office lease with the Company’s CEO & President for its office space at a monthly rate of $100. The lease was terminated in December 2022. For the years ended September 30, 2023 and 2022, the Company recorded rent expense of $300 and $1,200, respectively. As of September 30, 2023, and September 30, 2022, the accounts payable owed to the related party was $5,000 and $4,700, respectively.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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+ Details

Golden Royal Development Inc. 10-K