Annual report pursuant to Section 13 and 15(d)

Revenues in Excess of Billings - Long Term (Tables)

v3.19.2
Revenues in Excess of Billings - Long Term (Tables)
12 Months Ended
Jun. 30, 2019
Contractors [Abstract]  
Schedule of Revenues in Excess of Billings

Revenues in excess of billings, net consisted of the following:

 

    As of     As of  
    June 30, 2019     June 30, 2018  
             
Revenues in excess of billing - long term   $ 1,380,631     $ 1,445,245  
Present value discount     (99,139 )     (238,576 )
Net Balance   $ 1,281,492     $ 1,206,669