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NOTE 6 – CONTRACT ASSETS AND LIABILITIES
3 Months Ended
Sep. 30, 2021
Regulated Operations [Abstract]  
NOTE 6 – CONTRACT ASSETS AND LIABILITIES

NOTE 6 – CONTRACT ASSETS AND LIABILITIES

 

Information relating to uncompleted contracts about contract assets and (liabilities) is as follows:

 

 

          
   September 30, 2021  June 30, 2021
Costs incurred on uncompleted contracts  $295   $295 
Estimated earnings   568    568 
Costs and estimated earnings on uncompleted contracts   863    863 
Less: Billings to date   878    878 
Total costs and estimated earnings in excess of billings on uncompleted contracts  $(15)  $(15)