Question

the going concern of business entity concept​

Answer 1

Answer:

Going concern is one of the very fundamental principles of accounting. It assumes that the entity will continue to remain in business for the foreseeable future. Conversely, it also means that the entity does not plan to, or expect to be forced to, liquidate its assets.

Step-by-step explanation:

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Answer 2

Answer:

Going concern is one of the very fundamental prnciple of accounting. it assumes that the entity will couninue to remain in the business for the foresseable future coversly it also means that the entity dose not plan to or expect to be forced to liquidate its assets