Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is going concern concept?

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


Please Help Members By Posting Answers For Below Questions

what is meant by qurum

2495


Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.

2224


give the details of overheads which are not included in costing

1941


When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

2268


What is Budgeted capital ?

1979


Expand-------NAST

2166


what types of essays are giving in bank of america. can any one tell the opics? LAVANYA

2060


cash sales and credit sales both are asset or liability?

1441


what's accounts payable

12191


what is automatic payment in sap fico

2073


fiscal year variant Vs posting period variant

2082


Expand---------OTMD

2448


Expand--------TOS

2249


Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

2015


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?

2044