|12 Months Ended|
Jul. 31, 2020
|Schedule of Investments [Abstract]|
Note 4—Investment Securities
The Company did not have any investment securities on its consolidated balance sheets as of July 31, 2020 and 2019.
During the year ended July 31, 2019, the Company sold investments, categorized as held to maturity, with a net carrying amount of $5,989,928 for gross proceeds of $5,977,794 and realized a loss of $12,134. The sale of the securities was suggested by the Company’s investment advisors and the event is isolated. The Company did not sell any investments during the year ended July 31, 2020.
The entire disclosure for investment holdings. This includes the long positions of investments for the entity. It contains investments in affiliated and unaffiliated issuers. The investments include securities and non securities (i.e. commodities and futures contracts).
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef