Question

• what is
going
Conceen Concept?​

Answer 1

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.

ʰᵒᵖᵉ ᵗʰⁱˢ ʷⁱˡˡ ʰᵉˡᵖ ᵘ

Answer 2

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.