Company: RHNO
Filing Date: 2025-06-09
Form Type: 10-Q
Source: 0001641172-25-014247
Chunk: 50

Company: RHINO BITCOIN INC.
Filing Date: 2025-06-09
Form: 10-Q
Item: Item 8
Chunk 50
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31, 2024:

SCHEDULE
OF OTHER RECEIVABLES PREPAYMENTS AND DEPOSITS

    As of April 30, 2025  
    As of July 31, 2024 

    (Unaudited)  
    (Audited) 
  
    Other receivables 
    $-  
    $332 
  
    Deposits 
     43,119  
     12,469 
  
    Prepayment 
     1,840  
     - 
  
    Total other receivables, prepayment and deposits 
    $44,959  
    $12,801 

9.
DEFERRED COST

For
service contracts where the performance obligation is not completed, deferred costs are recorded for any costs incurred in advance of
the performance obligation.

10.
TRADE PAYABLES

Trade
payables consisted of the following at April 30, 2025 and July 31, 2024:

SCHEDULE
OF TRADE PAYABLES 

    As of April 30, 2025  
    As of July 31, 2024 

    (Unaudited)  
    (Audited) 
  
    Trade payables 
    $108,416  
    $81,466 
  
    Total trade payables 
    $108,416  
    $81,466 

    F-12

PHOENIX
PLUS CORP.

NOTES
TO CONDENSED FINANCIAL STATEMENTS

FOR
THE NINE MONTHS ENDED APRIL 30, 2025

(Currency
expressed in United States Dollars (“US$”), except for number of shares)

(UNAUDITED)

11.
OTHER PAYABLES, ACCRUED LIABILITIES AND DEPOSITS RECEIVED

Other
payables, accrued liabilities and deposits received consisted of the following at April 30, 2025 and July 31, 2024:

SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES

    As of April 30, 2025  
    As of July 31, 2024 

    (Unaudited)  
    (Audited) 
  
    Accrued audit fees 
    $3,000  
    $16,859 
  
    Other payables, accrued liabilities and deposits received (Included $77,870 due to related party)