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Reported Question / Answer
Q.) As per accrual concept, which of thefollowings is not true?
1)
revenue – profit = expenditure
2)
sales + gross profit = revenue
3)
revenue – expenditure = profit
4)
revenue = profit + expenditure
5)
NULL
Answer :
2
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Message / Correct Answer / Suggestion
Human Verification : Answer 2 + 3 = ?
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