The accounting concepts which assumes that business will ...
The accounting concepts which assumes that business will continue to be in existence into the foresee able future is
Periodicity
Business entity
Dual aspect
Going concern
Correct answer is D
This concept is the only one among the listed that assumes that the business will continue to operate for an indefinitely long period of time.
Which of the following is not used in solving problems of incomplete records? ...
The accumulation fund of a non-trading concern can equally be referred to as ...
Cash purchase - D 29,641 Creditors 1/1/14 - D 2,473 Creditors 31/12/14 - D 3,117 Cash paid to cre...
Gross profit is calculated in the ...
The document prepared by the buyer and sent to the seller listing the items to be supplied is ...
In which of the following is not stated in the partnership agreement? ...
Subscription prepared by members is recorded in the balance sheet of a club as a ...