Examples of nonmonetary assets that are considered tangible are a company's property, plant,

equipment, and inventory. Examples of nonmonetary assets that are considered intangible are a
company's intellectual property, such as its patents, copyrights, and trademarks.

Non-monetary exchanges are recorded using the fair value of the asset given up and taking the
commercial substance of the transaction into account. The gain or loss from the exchange should be
recognized, unless the transaction results in a gain and has no commercial substance.

A nonmonetary transaction includes the exchange of goods or services without actual money changing
hands. Nonmonetary transactions include in-kind or barter exchanges, and can be unidirectional
(nothing is given in return) or reciprocal (something traded in return).

What are 4 non-monetary benefits?

Non-monetary rewards are those that do not involve money. They include praise, thanks, recognition,
and awards. They are intrinsic or internal benefits that can be gained from an employee's work. They
help employees to feel valued and motivated.