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 referred to as a [...]
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 referred to as a [...]
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 referred to as a [...]
Answer
“barter transaction.
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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 referred to as a “barter transaction.”
An even more challenging revenue recognition issue evolved from a specific type of barter transaction, a round-trip transaction. As an example, if Company A sells advertis
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