Accountancy, asked by adityapalve92, 7 months ago

which concept a provide link between present and future ?
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Answers

Answered by TheDeadlyWasp
10

Explanation:

Going concern is a basic underlying assumption in accounting. This concept is the line between present and future.

The assumption is that a company or other entity will be able to continue operating for a period of time that is sufficient to carry out its commitments, obligations, objectives, and so on.

Hope it helps...

Answered by kaushikmuk09
4

Answer:

if it helps then please mark me as brainliest...

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