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COSTS IN EXCESS OF BILLINGS/ BILLINGS IN EXCESS OF COSTS
9 Months Ended
Jun. 30, 2013
COSTS IN EXCESS OF BILLINGS/ BILLINGS IN EXCESS OF COSTS [Abstract]  
COSTS IN EXCESS OF BILLINGS/ BILLINGS IN EXCESS OF COSTS

NOTE 6 -COSTS IN EXCESS OF BILLINGS/ BILLINGS IN EXCESS OF COSTS

 

Information with respect to uncompleted contracts at June 30, 2013 and September 30, 2012 are as follows:

 

Costs in excess of billings:   June 30, 2013
(Unaudited)
    September 30, 2012  
Earnings on billings to date   $ -     $ 2,059,919  
Less: Billings     -       (1,584,265 )
Total costs in excess of billings   $ -     $ 475,654  

 

Billings in excess of costs:   June 30, 2013
(Unaudited)
    September 30, 2012  
Earnings on billings to date   $ 269,058     $ 1,190,853  
Less: Billings     (277,301 )     (1,196,000 )
Total (billings in excess of costs)   $ (8,243 )   $ (5,147 )