Quarterly report pursuant to Section 13 or 15(d)

Revenues in Excess of Billings - Long Term (Tables)

v3.21.1
Revenues in Excess of Billings - Long Term (Tables)
 9 Months Ended
Mar. 31, 2021
Contractors [Abstract]  
Schedule of Revenues in Excess of Billings

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

 

    As of     As of  
    March 31, 2021     June 30, 2020  
             
Revenues in excess of billings - long term   $ 1,021,911     $ 1,341,575  
Present value discount     (75,727 )     (41,286 )
Net Balance   $ 946,184     $ 1,300,289