Which accounting cncepts assumes that a busines enterprises will not be liquidated in the near future ? Explain concepts?
Answers
Answered by
8
Going concern concept
going concern concept is also know as continuty assumption
it is assumed that the enterprise is normally continuing in for the foreseeble future
going concern concept is also know as continuty assumption
it is assumed that the enterprise is normally continuing in for the foreseeble future
Similar questions