The going concern concept assumes that
...The going concern concept assumes that
Every transaction is represented by a debit and credit entry
The currency much not change
The firm is a legal entity
The business will continue to operate indefinitely
Correct answer is D
No explanation has been provided for this answer.
Goodwill can be in the balance sheet as? ...
Which of the following is not a book of prime entry? ...
i. cash at bank ii. cash in hand iii. premises iv. land ...
The health department of Banjul Local Government incurred the following expenditure in 2020: ...
Which of the following is not a subsidiary book? ...
A balance sheet shows only ...
Zazzau Company: Cash in hand................N50 Cash in bank................N1,250 Stock..........