NOTE 8 - CONTRACT ACCOUNTING (Schedule of billings in excess of costs and estimated earnings) (Details) - USD ($) |
Dec. 31, 2017 |
Dec. 31, 2016 |
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Contractors [Abstract] | ||
Billings and/or cash receipts on uncompleted contracts | $ 573,847 | $ 396,609 |
Less: Costs and estimated earnings recognized | (373,437) | (176,984) |
Billings in excess of costs and estimated earnings on uncompleted contracts | $ 200,410 | $ 219,625 |
X | ||||||||||
- Definition Costs and estimated earnings recognized. No definition available.
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X | ||||||||||
- Definition Costs and estimated earnings recognized. No definition available.
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X | ||||||||||
- Definition Liability attributable to (i) billings in excess of costs under the percentage of completion contract accounting method representing the difference between contractually invoiced amounts (billings) and revenue recognized based, for example, on costs incurred to estimated total costs at period end or (ii) contractually invoiced amounts (billings) in excess of costs incurred and accumulated under the completed contract accounting method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- References No definition available.
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