![A trader has made a sale of Rs.75,500 out of which cash sales amounted](https://www.gkseries.com/blog/wp-content/uploads/2022/04/A-trader-has-made-a-sale-of-Rs.75500-out-of-which-cash-sales-amounted.png)
Q. A trader has made a sale of Rs.75,500 out of which cash sales amounted to Rs.25,500. He showed trade receivables on 31-3-2014 at Rs.25,500. Which concept is followed by him?
A. Accrual
B. Going concern
C. Cost
D. Money measurement
Answer: Accrual