Accountancy, asked by am9472225, 7 months ago

examples of non monetary transaction​

Answers

Answered by avaniaarna
1
Examples are inventories, investments in common stock; and property, plant, and equipment. In general, any exchanges and non-reciprocal transfers that involve little or do not involve cash, accounts receivables, notes receivable, accounts payable and note payable are considered as non-monetary transactions.
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