Teacher, I have a curiosity. Once, Facebook bought the domain fb.com it would book it as goodwill and, what about Federal Farm, after receive that payment, how do they would register it? So, as other revenue?
I believe they would register it as “Non-operational income”.
Similar concept as we have with fixed asset and sell it with a profit (in this case, in Brazil we register “Lucro na Venda de Ativo Imobilizado” as a non-operational income”).
Teacher, I have a curiosity. Once, Facebook bought the domain fb.com it would book it as goodwill and, what about Federal Farm, after receive that payment, how do they would register it? So, as other revenue?
Hi Lucélia,
I believe they would register it as “Non-operational income”.
Similar concept as we have with fixed asset and sell it with a profit (in this case, in Brazil we register “Lucro na Venda de Ativo Imobilizado” as a non-operational income”).
What is the meaning os mastheads?