- This topic has 1 reply, 2 voices, and was last updated 7 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Hello,
I have questions regarding a standard that’s somewhat challenging:
– If any entity (not government) gifts a fish farm some fish, what will be the accounting treatment in the first year when the fish is received and in the second year when it is sold. Will we record inventory and revenue the year we receive it?
– If this fish reproduces, what will the accounting entry be?
Many thanks!
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.