Question

Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use...

Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use handwriting, Use your keyboard.

Q2. Choose one accounting assumptions and explain in your word.                                                                                                                

Q3. Explain how accounting adjustments affect financial statements.                    

0 0
Add a comment Improve this question Transcribed image text
Answer #1

As per HomeworkLib answering guidelines I'm supposed to answer your first question.

One of the accounting assumptions are Going concern assumption.

It simply means that the business to not expected to be discontinued within the near future. It continues to operate till all its objectives are met.

Add a comment
Know the answer?
Add Answer to:
Please, i need Unique answer, Use your own words (don't copy and paste). Please, don't use...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT