101.
Which of the following is not a transaction?

102.
A promissory note is drawn by ______ in favor of _____

103.
____ principle requires that the same accounting method should be used from one accounting period to the next

104.
The left side of an account is known as ___ and the right side as ____

105.
The cost of a small calculator is treated as an expense and not shown as an asset in a financial statement of a business entity due to

106.
A minimum quantity of stock always held as precaution against out of stock situation is called

107.
Discounting of bill by the drawer is done with

108.
A bill of exchange when drawn requires

109.
A bill of exchange is called a ____ by one who is liable to pay it on the due date

110.
___ days of grace are allowed in case of time bills, for calculating date of maturity