Article Title
Other Form of Name
Stone, Williard E., 1910-
Publication Date
1985
Abstract
John Mair, in 1752, stated, "Barter, or the exchange of goods for goods, is nothing else but buying and selling blended together." This statement, for all its seeming simplicity, is an excellent expression of the confusion which has accompanied the practice and theory of recording this most basic commercial transaction. Can one accounting transaction be both a sale and a purchase at one and the same time and for the same accounting entity?
Recommended Citation
Stone, Williard E.
(1985)
"Barter: Development of accounting practice and theory,"
Accounting Historians Journal: Vol. 12
:
Iss.
2
, Article 5.
Available at:
https://egrove.olemiss.edu/aah_journal/vol12/iss2/5