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    golfinginutah's Avatar
    golfinginutah Posts: 1, Reputation: 1
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    #1

    Oct 19, 2011, 12:07 PM
    How would you account for Security Alarm Installation charges & Monitoring fees?
    How do you account for the charges and fees Security Alarm companies book, involving the cost of equipment, the installation fee, and the monitoring fees?

    What do the journal entries look like? How is the revenue recognized?
    BYUAccounting's Avatar
    BYUAccounting Posts: 1, Reputation: 4
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    #2

    Oct 19, 2011, 08:38 PM
    This message is from the BYU Accounting Faculty. We are requesting that, due to your breach of honesty, you turn yourself into your teacher and confess how you have broken the Honor Code. We are very disappointed in your conduct and hope that you will be able to remain in the Junior Core.
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