Which of the following situation can be related to accrual concept while presentation of financial reports? I Depreciation charged on property plant and equipment under straight line method at 12% and...

Extracted text: Which of the following situation can be related to accrual concept while presentation of financial reports? I Depreciation charged on property plant and equipment under straight line method at 12% and presented in the income statement. II. Provision for warranty claims presented in the financial statements. II. Dividend received from investments made in other company equity shares presented as per IAS 7. IV. Prepaid expenses paid and made necessary adjustment in the books of accounts. I and II only III and IV only I, II and IV only I, II, III and IV only 03 EN