Going Concern' concept of business says which of
the following
1. Business will continue trading over a long period
of time
2. Anticipate no profit and provide for all possible
losses
3. The period of allocation f the cost of an asset
4. 1 and 2
5. None of these
the following
1. Business will continue trading over a long period
of time
2. Anticipate no profit and provide for all possible
losses
3. The period of allocation f the cost of an asset
4. 1 and 2
5. None of these