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
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
what do Loan Loss Coverage Ratio mens describe it with examples?
to attend interview for real estate company accounts
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
what happens to each of the three primary financial statements when capital expenditures decrease?
what is the main difference between nse & bse operations
what is mean by ledger
Expand---------PDCB
what is debit/credit note ? what deffered income and expencess?
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
Expand---------PED
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected