Sir can use in exam only key word like going concern bussiness entity will continue operation in the forsable further 2 entity does not intensation to close shourt down operation 3 there is no necessity emergency situations to ahourt down the oprasatio

Only write in exam as 1 going concern company going concern consistany alc police principles are consistantly appled financial statements prepare accural basic conditions Oprasation on forcable furture + no neccessity intention to close Oprasation equal to going concern

Karan Yadav

CA Inter

★ 10

25-Apr-23 20:13

540