Question

Ms. Sushila is enganged in the business of construction of Hotels. She received a contract for construction of a Hotel for a company. This project will be completed in 5 years and Suhsila decided to calculate profit or Loss at the end of 5 years. Which principle is being violated here? *

Money measurement concpet
Accounting period concept
Going concern
Matching concept​

Answer 1

going concern

Explanation:

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