Question

if a student must perform certain services for the educational institution, the amount pay for services...

if a student must perform certain services for the educational institution, the amount pay for services is considered what?

Homework Answers

Answer #1

The amount pay for services is considered as "Service Fees".

Supporting explanations:

When the services are provided by student, it is a revenue to him of the amount received from the educational institution because it is student earns the service fees by providing services to educational institutions.

For education institution, it is a type of payment that is treated as service expense because it is paying some amount to students and receiving services from such students.

Therefore, amount pay for services is considered as "Service Fees".

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