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NOTE 4 - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS - Costs, Earnings, Billings, Uncompleted Contracts - (Details) - USD ($) | Jun. 30, 2020 | Jun. 30, 2019
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Notes to Financial Statements |  |
Costs incurred on uncompleted contracts | $ 448,437 | $ 448,437
Estimated earnings | 309,248 | 1,088,675
Costs and estimated earnings on uncompleted contracts | 757,685 | 1,537,112
Less: Billings to date | 604,852 | 1,012,002
Costs and estimated earnings in excess of billings on uncompleted contracts | $ 152,833 | $ 525,110

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- Definition Costs and estimated earnings on uncompleted contracts in excess of billings means the current asset as of the closing date, as properly recorded on seller's balance sheet in accordance with GAAP, representing the amount, in the aggregate, earned on contracts but not yet invoiced to customers, as determined in accordance with GAAP. + References No definition available. + Details
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