Quarterly report pursuant to Section 13 or 15(d)

Revenues in Excess of Billings - Long Term (Tables)

v3.20.1
Revenues in Excess of Billings - Long Term (Tables)
 9 Months Ended
Mar. 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  
    March 31, 2020     June 30, 2019  
             
Revenues in excess of billings - long term   $ 1,337,791     $ 1,380,631  
Present value discount     (54,893 )     (99,139 )
Net Balance   $ 1,282,898     $ 1,281,492