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How to create account for barter transactions? As My Company is providing a service to another company and that company is reimbursing us with his service.
Concept of 'Fund' : The word 'Fund' has a range of meanings. several people take it identical to cash and for them, there is no dissimilarity between Cash Flow and Funds Flow
Received $170,000 cash from Electronic Arts, Inc. for service revenue earned in January.
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on which shares pre acquisiton dividend received
I want a company law assignment
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Firstly, clear mark or file all barter income and expense documents as "bartering," and retain all original source documents pertaining to your barter transactions. You are require to credit - Bartering Income and then debit the expenses for the services your company received.
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