Quarterly report pursuant to Section 13 or 15(d)

Revenues in Excess of Billings - Long Term (Tables)

v3.20.4
Revenues in Excess of Billings - Long Term (Tables)
 6 Months Ended
Dec. 31, 2020
Contractors [Abstract]  
Schedule of Revenues in Excess of Billings

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

 

    As of     As of  
    December 31, 2020     June 30, 2020  
             
Revenues in excess of billings - long term   $ 376,874     $ 1,341,575  
Present value discount     (20,815 )     (41,286 )
Net Balance   $ 356,059     $ 1,300,289