Answer Posted / kiran
it is one of the accounting concept.going concern concept refers to that the company should maintain systematic record of all monetory transactions of business and make sure that it will continue its activities for a long time.
hence it refers to going concern concept.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is meant by qurum
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
give the details of overheads which are not included in costing
When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?
What is Budgeted capital ?
Expand-------NAST
what types of essays are giving in bank of america. can any one tell the opics? LAVANYA
cash sales and credit sales both are asset or liability?
what's accounts payable
what is automatic payment in sap fico
fiscal year variant Vs posting period variant
Expand---------OTMD
Expand--------TOS
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?