RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS RECENTLY ADOPTED ACCOUNTING PRONOUNCEMENTS - REVENUE (Tables)

3 Months Ended

Sep. 30, 2018

New Accounting Pronouncements and Changes in Accounting Principles [Abstract]

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

Adoption of the standard related to revenue recognition impacted the Company's previously reported results as follows:

			New
	As		Revenue
Balance Sheets	Previously		Standard			As
June 30, 2018	Reported		Adjustment			Restated
Current liabilities:
Accrued liabilities	$	1,178,571	$	(389,610	)	$	788,961
Deferred revenue	—		690,905			690,905
Long-term liabilities:
Other liabilities	155,702		(155,702		)	—
Deferred revenue	—		168,465			168,465
Equity:
Retained earnings	8,728,628		(314,058		)	8,414,570

			New
	As		Revenue
Statements of Income	Previously		Standard		As
Three Months Ended September 30, 2017	Reported		Adjustment		Restated
Net sales	$	6,066,630	$	17,425	$	6,084,055
Cost of goods sold	4,392,676		7,729		4,400,405
Income tax provision	20,465		5,227		25,692
Net income	17,500		4,469		21,969
Income per common share:
Basic	$	—	$	—	$	—
Diluted	—		—		—