unrealistic information: Accounting information may not be realistic since accounting statements are prepared following the accounting concepts and
conventions. For example, under the Going Concern Concept, it is taken that business
will continue for a foreseeable future. Accordingly, assets are recorded at cost and
depreciated over their useful life. The assets may not be actually realisable at book value.
koi commerce wala ye samjha do please....
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l am in class 9 and I cannot help you in this question but if you want to ask questions in regarding Hindi subject then I can help you
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