#reading-25-understanding-income-statement #revenue-recognition
Revenue recognition issues related to barter transactions became particularly important as e-commerce developed.
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3.2.3. Barter
Revenue recognition issues related to barter transactions became particularly important as e-commerce developed. As an example, if Company A exchanges advertising space for computer equipment from Company B but no cash changes hands, can Company A and B both report revenue? Such an exchange is ref Summary
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