AS 9 REVENUE RECOGNITION

Sanjib Kumar Mondal (Passionate Learner) (117 Points)

11 June 2018  
Should we classify as Revenue an immovable/movable fixed asset that we received from our customer for goods instead of normal cash/bank payments made by him?

Added that normally we do not receive fixed assets as consideration for our goods from our other customers.

I want to know the accounting treatment of the above and also the impact of depreciation factor.