Annual report pursuant to Section 13 and 15(d)

Revenues in Excess of Billings - Long Term (Tables)

v3.21.2
Revenues in Excess of Billings - Long Term (Tables)
12 Months Ended
Jun. 30, 2021
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, 2021     June 30, 2020  
             
Revenues in excess of billings - long term   $ 1,024,382     $ 1,341,575  
Present value discount     (66,779 )     (41,286 )
Net Balance   $ 957,603     $ 1,300,289