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COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS (Tables)
6 Months Ended
Jul. 31, 2017
COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS  
Aggregate amount of costs charged and earnings accrued on uncompleted contracts compared with billings on contracts

 

                                                                                                                                                                                        

 

 

July 31,

 

January 31,

 

 

 

2017

 

2017

 

Costs charged to uncompleted contracts

 

$

879,218

 

$

485,629

 

Estimated accrued earnings

 

151,324

 

78,708

 

 

 

 

 

 

 

 

 

1,030,542

 

564,337

 

Less - billings to date

 

1,212,929

 

770,386

 

 

 

 

 

 

 

 

 

$

(182,387

)

$

(206,049

)

 

 

 

 

 

 

 

 

 

 

 

 

July 31,

 

January 31,

 

 

 

2017

 

2017

 

Costs and estimated earnings in excess of billings

 

$

8,194

 

$

3,192

 

Billings in excess of costs and estimated earnings

 

190,581

 

209,241

 

 

 

 

 

 

 

 

 

$

(182,387

)

$

(206,049

)