Going concern concept explain.
Answers
Answered by
2
Explanation:
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.
kalpanasarawag:
it means a businesses
rajsthan food and habits
Answered by
5
Answer:
It means that business will continue to exist for a long time in the future and there is no intention to close it or reduce its size significantly.
Explanation:
no
only insta
nothing
talking to u
why?
Similar questions