Cryptocurrency Q&A
What is transaction price?
What is transaction price?
Stefano
Thu Nov 28 2024
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7 answers
1706
I'm trying to understand the meaning of transaction price. Could someone please explain what it refers to in simple terms?
7 answers
BitcoinWarrior
Sat Nov 30 2024
This value is in return for delivering goods or rendering services to a customer.
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lucas_taylor_teacher
Sat Nov 30 2024
It is the consideration that the entity is entitled to expect.
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BenjaminMoore
Sat Nov 30 2024
However, there are certain exclusions in determining this price.
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EthereumEagle
Sat Nov 30 2024
The transaction price signifies the monetary value that a business anticipates receiving.
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BlockchainMastermind
Sat Nov 30 2024
Amounts collected on behalf of third parties are not considered part of the transaction price.
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