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Home > Business & Careers > Accounting   »   Ambulance Service Membership

 
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Old Apr 23, 2008, 07:52 PM
Alaskagal
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Ambulance Service Membership

I live in Alaska and the company I work for sells ambulance service memberships. The membership fee is paid 100% upfront and is non-refundable for one year of ambulance service.

How do I recognize the revenue on this membership? Up front? Over term?

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Old May 1, 2008, 07:57 PM   #2  
delite
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probably shoud recognize upfront fee as income over the term of one year service contract,
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