COSTS, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS (Tables)
 3 Months Ended
Apr. 30, 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

 

 

April 30,

 

January 31,

 

 

 

2017

 

2017

 

Costs charged to uncompleted contracts

 

$
685,672

 

$
485,629

 

Estimated accrued earnings

 
112,003

 
78,708

 

 

 

 

 

 

 

 

 
797,675

 
564,337

 

Less - billings to date

 
1,027,662

 
770,386

 

 

 

 

 

 

 

 

 

$
(229,987

)

$
(206,049

)

 

 

 

 

 

 

 

 

 

 

 

 

April 30,

 

January 31,

 

 

 

2017

 

2017

 

Costs and estimated earnings in excess of billings

 

$
4,357

 

$
3,192

 

Billings in excess of costs and estimated earnings

 
234,344

 
209,241

 

 

 

 

 

 

 

 

 

$
(229,987

)

$
(206,049

)