Learn what nonmonetary transactions are, their types, examples, and potential tax and legal implications. Understand how they differ from typical monetary exchanges.

When you choose to invest money, you first need to transact it. That is, you need to buy into an investment and, eventually, sell out of it. Every investment transaction is an important one because it ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Toby Walters is a financial writer, investor, and lifelong learner.

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management. A business bank statement is an official financial document ...

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one ...

When a business engages in any economic activity, such as selling goods, purchasing supplies or paying salaries, these events must be recorded in the financial books. This is the first phase of the ...