The going concern concept assumes that
A every transaction is represented by a debit and credit entry
B the currency much not change
C the firm is a legal entity
D the business will continue to operate indefinitely
Answer is D
Tutors, Past Questions and Projects.
The going concern concept assumes that
A every transaction is represented by a debit and credit entry
B the currency much not change
C the firm is a legal entity
D the business will continue to operate indefinitely
Answer is D
