Non-monetary Asset Exchanges (Part 2)

This video is the Part 2 of the presentation on non-monetary asset exchanges. It discusses the accounting when the transaction is considered to have commercial substance and the gain is recognized. That is, the asset exchange is between dissimilar assets.

The tutorial is presented by Paquita Davis-Friday, Professor of Accountancy at Zicklin School of Business and produced by Baruch Computing & Technology Center (BCTC).