NONCASH TRANSACTION
\nˌɒnkˈaʃ tɹansˈakʃən], \nˌɒnkˈaʃ tɹansˈakʃən], \n_ˌɒ_n_k_ˈa_ʃ t_ɹ_a_n_s_ˈa_k_ʃ_ə_n]\
Sort: Oldest first
-
A financial activity that involves the owner's equity and liabilities but has no effect on the inflows and outflows of cash. A significant amount involved in a noncash transaction is included in the footnotes of a cash flow statement.
By Henry Campbell Black
