Accountancy, asked by tanu7348, 11 months ago

any one tell me what is meaning of going concern concept ​

Answers

Answered by rageshpg33
1

Here is your answer *dear

The meaning of going concern concept is that you are going concerned about the concept

Answered by ajay5325
2

Answer:

The going concern concept is a fundamental principle of accounting. It assumes that during and beyond the next fiscal period a company will complete its current plans, use its existing assets and continue to meet its financial obligations. ... This underlying principle is also known as the continuing concern concept.

Explanation:

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