I found a link to a site that offers free Quickbooks advice. It had this to say about recording a barter transaction. Recording of Barter ExchangesIf you have customers who are also vendors you may decide to trade some or all of your services / products in exchange for payment. To record such a barter […]
Interesting History on the Emergence of Currencies
The idea that currencies emerged from primitive barter economies is a standard idea, taught just about everywhere. Could it be that the history is false? This author thinks so: No example of a barter economy, pure and simple, has ever been described, let alone the emergence from it of money; all available ethnography suggests there […]