Dribnor Ltd entered into the following transactions and events during 2018. Do these transactions and events meet the Framework 2014 definitions of assets, liabilities, equity, income or expenses? Give reasons. 

(a) Dribnor entered into a contract with Melbourne Metal Manufacturers Ltd to purchase capital equipment at a cost of $1 million. Dribnor paid a 10% deposit, which was non refundable. 

(b) Dribnor has a regular program of maintaining its plant and equipment. In order to provide for this program, it has established a 'provision for plant maintenance account that the company shows with liabilities in the statement of financial position. 

(c) Dribnor has non participating, cumulative, redeemable preference shares on These are shown as a component of equity. However, the accountant believes that the preference shares meet the definition of liabilities 

(d) As a result of its expansion program, the company applied for a government grant of $2 million as part of the government's employment enhancement program. 

During 2018 it was informed that it had been awarded the grant to be paid during the 2019 reporting period.