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Which items should only require disclosure as a non-cash

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Problem 1: Assuming that all non-cash transactions are material and that the entity follows the indirect method, which of the following items should only require disclosure as a non-cash transaction on the statement of cash flows?

a) The redemption of outstanding common shares
b) The sale of equipment with a net book value of $80,000 for proceeds of $70,000
c) Depreciationexpensefortheyeartotalling$100,000
d) A new construction contract resulting in decommissioning obligations for a total of $280,000

Reference no: EM132740189

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