Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS (Tables)

v3.19.2
UNCOMPLETED CONTRACTS (Tables)
6 Months Ended
Jun. 30, 2019
Contractors [Abstract]  
Schedule of uncompleted contracts

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

 

    June 30,     December 31,  
    2019     2018  
Revenue Recognized   $ 1,286,600     $ 499,600  
Less: Billings to date     (1,194,300 )     (185,300 )
Costs and estimated earnings in excess of billings on uncompleted contracts     92,300       314,300  
                 
Billings to date     1,681,300       1,642,600  
Revenue recognized     (1,450,100 )     (1,172,400 )
                 
Revenue contract liabilities   $ 231,200     $ 470,200