{"id":102681,"date":"2022-04-23T15:41:57","date_gmt":"2022-04-23T10:11:57","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=102681"},"modified":"2022-04-23T15:41:58","modified_gmt":"2022-04-23T10:11:58","slug":"as-per-accrual-concept-which-of-the-followings-is-not-true","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/as-per-accrual-concept-which-of-the-followings-is-not-true\/","title":{"rendered":"As per accrual concept, which of the followings is not true"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Q. As per accrual concept, which of the followings is not true<\/strong><\/h3>\n\n\n\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; sales + gross profit = revenue<\/p>\n\n\n\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; revenue \u2013profit = expenditure<\/p>\n\n\n\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; revenue \u2013expenditure = profit<\/p>\n\n\n\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; revenue = profit + expenditure<\/p>\n\n\n\n<p>Answer: sales + gross profit = revenue<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As per accrual concept, which of the followings is not true<\/p>\n","protected":false},"author":419,"featured_media":102682,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3959],"tags":[],"offerexpiration":[],"class_list":["post-102681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-financial-accounting-mcqs"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/102681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/419"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=102681"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/102681\/revisions"}],"predecessor-version":[{"id":102683,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/102681\/revisions\/102683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/102682"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=102681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=102681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=102681"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=102681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}