Costs and Estimated Earnings in Excess of Billings

12 Months Ended

Sep. 30, 2012

Costs and Estimated Earnings in Excess of Billings [Abstract]

COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS

NOTE 3 – COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS

Costs and estimated earnings in excess of billings on uncompleted contracts consist of the following:

	September 30,
	2012		2011
Costs incurred on uncompleted contracts	$	4,986,000	$	7,039,000
Estimated earnings		1,518,000		2,059,000
		6,504,000		9,098,000
Billings to date		3,056,000		4,648,000
Costs and estimated earnings in excess of billings	$	3,448,000	$	4,450,000