{"id":103216,"date":"2022-04-25T14:37:46","date_gmt":"2022-04-25T09:07:46","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=103216"},"modified":"2022-04-25T14:37:48","modified_gmt":"2022-04-25T09:07:48","slug":"which-of-the-following-is-arrived-at-by-deducting-the-direct-cost-of-goods-sold-from-sales-proceeds","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/which-of-the-following-is-arrived-at-by-deducting-the-direct-cost-of-goods-sold-from-sales-proceeds\/","title":{"rendered":"Which of the following is arrived at by deducting the direct cost of goods sold from sales proceeds?"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Q. Which of the following is arrived at by deducting the direct cost of goods sold from sales proceeds?<\/strong><\/h3>\n\n\n\n<p>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Net profit<\/p>\n\n\n\n<p>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gross profit<\/p>\n\n\n\n<p>C.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balance Sheet profit<\/p>\n\n\n\n<p>D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; All of the above<\/p>\n\n\n\n<p>Answer: Gross profit<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Which of the following is arrived at by deducting the direct cost of goods sold from sales proceeds?<\/p>\n","protected":false},"author":419,"featured_media":103217,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3959],"tags":[],"offerexpiration":[],"class_list":["post-103216","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\/103216","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=103216"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/103216\/revisions"}],"predecessor-version":[{"id":103218,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/103216\/revisions\/103218"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/103217"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=103216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=103216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=103216"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=103216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}