Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS (Tables)

v3.19.1
UNCOMPLETED CONTRACTS (Tables)
3 Months Ended
Mar. 31, 2019
Contractors [Abstract]  
Schedule of uncompleted contracts

Costs, estimated earnings and billings on uncompleted contracts are as follows:

 

    March 31,     December 31,  
    2019     2018  
             
Revenue Recognized   $ 179,300     $ 499,600  
Less: Billings to date     (118,000 )     (185,300 )
Costs and estimated earnings in excess of billings on uncompleted contracts
  $ 61,300     $ 314,300  
                 
Billings to date   $ 1,143,300     $ 1,642,600  
Revenue recognized     (495,800 )     (1,172,400 )
                 

Revenue contract liabilities

  $ 647,500     $ 470,200