Accountancy, asked by gauravrathore49035, 6 months ago

explain going concen concept​

Answers

Answered by jitendrameena1007
1

Answer:

please thanks my answers

Explanation:

Going concern is an accounting term for a company that is financially stable enough to meet its obligations and continue its business for the foreseeable future. Certain expenses and assets may be deferred in financial reports if a company is assumed to be a going concern.

Answered by sumansinghania8791
10

Answer:

Going concern is an accounting term for a company that is financially stable enough to meet its obligations and continue its business for the foreseeable future. Certain expenses and assets may be deferred in financial reports if a company is assumed to be a going concern.

Explanation:

Pls Make Me Branist

Similar questions