XML 28 R16.htm IDEA: XBRL DOCUMENT v3.19.2
ACCRUED EXPENSES
12 Months Ended
Mar. 31, 2019
Payables and Accruals [Abstract]  
ACCRUED EXPENSES
NOTE 9 - ACCRUED EXPENSES
 
Accrued expenses included the following as of March 31:
 
2019
 
 
2018
 
Accrued compensation
 
$
284,651
 
 
$
383,060
 
Provision for contract losses
 
 
57,792
 
 
 
200,897
 
Accrued professional fees
 
 
267,309
 
 
 
152,501
 
Accrued project costs
 
 
118,929
 
 
 
-
 
Other
 
 
24,818
 
 
 
51,626
 
Total
 
$
753,499
 
 
$
788,084
 
 
Accrued compensation includes amounts for executive bonuses, payroll and vacation and holiday pay. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in the provision are recorded in cost of sales. Accrued project costs are estimates for certain project expenses during the reporting period.