XML 24 R11.htm IDEA: XBRL DOCUMENT v3.20.2
NOTE 4 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS
12 Months Ended
Jun. 30, 2020
Notes to Financial Statements  
NOTE 4 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS AND CUSTOMER ADVANCES

NOTE 4 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS

 

Information relating to uncompleted contracts as of June 30, 2020 and 2019 is as follows:

 

    As of June 30,
    2020   2019
Costs incurred on uncompleted contracts   $ 448,437     $ 448,437  
Estimated earnings     309,248       1,088,675  
      757,685       1,537,112  
Less: Billings to date     604,852       1,012,002  
    $ 152,833     $ 525,110