Today when I want to Install a windows service in a remote computer, I met an error:
An exception occurred during the Install phase.
System.Security.SecurityException: The source was not found, but some or all event logs could not be searched. Inaccessible logs: Security.
The problem is because that you don't have administrator right. You must run the install program with Administrator right. It's easy, right click the execuatable program, and "Run as Administrator".
Good Luck!
Reference:
1. Service application installation fail: http://social.msdn.microsoft.com/Forums/en-US/winformssetup/thread/7cea376a-cab5-497a-927d-0c224e58053b