Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=19)
-   -   Ambulance Service Membership (https://www.askmehelpdesk.com/showthread.php?t=209031)

  • Apr 23, 2008, 08:52 PM
    Alaskagal
    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?
  • May 1, 2008, 08:57 PM
    delite
    Probably shoud recognize upfront fee as income over the term of one year service contract,

  • All times are GMT -7. The time now is 10:09 PM.