51.
Which of the following is not a transaction?

52.
A promissory note is drawn by ______ in favor of _____

53.
____ principle requires that the same accounting method should be used from one accounting period to the next

54.
The left side of an account is known as ___ and the right side as ____

55.
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

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