Question: Which of the following nonmonetary exchange transactions generally results in the recognition of gains or losses? Exchange of products by companies in the same

Which of the following nonmonetary exchange transactions generally results in the recognition of gains or losses? • Exchange of products by companies in the same line of business with no difference in future cash flows • Exchange of an equivalent infrest in a similarly productive asset that causes the companies involved to remain in essentially the same economic position • Exchange of assets with a change in the future cash flows as a result of the transaction • Exchange of assets with no change in the future cash flows as a result of the transaction

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