Under IAS 18,which of these barter transactions would not produce revenue?

Question

Quizplus · Accepted Answer

Under IAS 18, revenue from barter transactions involving the exchange of goods or services is recognized only when the entity can reliably measure the fair value of the goods or services received and given. The exchange between two gas suppliers swapping an identical amount of gas does not result in a real increase in the resources of either party that can be measured reliably in terms of fair value, as it essentially represents a mutual exchange of identical assets. This differs from the other scenarios where the exchanges involve goods or services of different nature and value, which can potentially be measured and recognized as revenue.

Under IAS 18,which of These Barter Transactions Would Not Produce