Home » Accounts (Principles of Accounts) » The going concern concept assumes thatThe going concern concept assumes that 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 Correct Answer: Option D Explanation Related Posts Use the information below to answer this question. Dangote acquired Dantata’s business for N350,000. The… Which of the following is not a debit item in a creditor’s control account? The control account is used in facilitating The accounting concept that assumes that a business will continue operating for an indefinite period… Suppliers personal accounts are found in the In the absence of an agreement, partners share profits
Use the information below to answer this question. Dangote acquired Dantata’s business for N350,000. The…
The accounting concept that assumes that a business will continue operating for an indefinite period…
