v2.4.1.9
BILLINGS IN EXCESS OF COSTS
3 Months Ended
Dec. 31, 2014
Contractors [Abstract]  
COSTS IN EXCESS OF BILLINGS
NOTE 5 – BILLINGS IN EXCESS OF COSTS
 
Information with respect to uncompleted contracts at December 31, 2014 and September 30, 2014 are as follows:
 
 
 
December 31, 2014
 
 
 
Billings in excess of costs:
 
(Unaudited)
 
September 30, 2014
 
Earnings on billings to date
 
$
9,107,109
 
$
7,583,997
 
Less: Billings
 
 
(12,100,241)
 
 
(11,272,056)
 
Total (billings in excess of costs)
 
$
(2,993,132)
 
$
(3,688,059)