Accountancy, asked by maan6170, 1 month ago

what is going concern?​

Answers

Answered by bangalsajan
2

Answer:

Going concern is an accounting term for a company that has the resources needed to continue operating indefinitely until it provides evidence to the contrary. ... If a business is not a going concern, it means it's gone bankrupt and its assets were liquidated

Explanation:

it's helpful

Answered by indrajaindu836
0

it means that the enterprise has intention for continuing the operations in foreseeable future.

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