katrinamorgan8325 katrinamorgan8325

14-01-2020
Business

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a business expecting to make money and continue in business indefinitely is applying the accounting concept_____________.

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ewomazinoade ewomazinoade

14-01-2020

Answer:

Going concern

Explanation:

Going concern is an accounting term that means a business is expecting to make money and continue in business indefinitely. It means the business would continue to operate into the foreseeable future without a threat of liquidation.

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