Jessica grew up in Seattle, Washington where she learned to enjoy rainy days and a good book. Jessica has always wanted to be a writer, and has found the perfect combination of writing and accounting at RevenueHub. When she is not studying accounting, she loves meeting up with friends to attend a yoga class or go hiking.
Determine the transaction price of a contract with noncash consideration under ASC 606, including when and how to measure the variable consideration caused by fluctuating fair value.