Significant noncash transactions would not include
A) conversion of bonds into common stock.
B) asset acquisition through bond issuance.
C) treasury stock acquisition.
D) exchange of plant assets.

Question

Quizplus · Accepted Answer

Treasury stock acquisition involves the use of cash and therefore does not qualify as a noncash transaction. The other choices involve transactions that do not directly involve cash.

Significant Noncash Transactions Would Not Include