Which of the following is considered a non-cash transaction in the context of a cash flow statement?

Acquisition of machinery by issuing equity shares

A non-cash transaction refers to a financial activity that does not involve the actual exchange of cash or cash equivalents. In the context of a cash flow statement, it means that while there is a significant financial event taking place, it doesn't directly impact the cash balance of the company.
* Payment of interest involves a cash outflow and is a cash transaction.
* Receipt of dividends represents a cash inflow and is a cash transaction.
* Acquisition of machinery by issuing equity shares means that the company is obtaining machinery by giving out ownership in the form of equity shares. No immediate cash is exchanged, making it a non-cash transaction.
* Sale of fixed assets for cash involves a cash inflow and is a cash transaction.