Ans. A non-reciprocal transfer is a transfer to the nonowners, which are typically a transfer of non-monetary assets for which no assets/ economic resources are then received or relinquished in the exchange. An example here will be donations or contributions that are extended to a third party.A nonreciprocal transfer occurs when an asset is given to a third party with no expectation of payment in the exchange. A nonreciprocal transfer is typically accounted for as the contribution. The transfer records the received asset at its fair value on the transfer date.