Accounting Principles Assignment
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Hey Tom I think we have some mistakes within our business.
What are you talking about Jim??
Sir, I think Tom is right. We should call an accountant!
Hey Super Accountant we here at Nomen need your help. Please come asap!!
Oh these guys need my help, better get over there asap!
You look confused, Im here to correct your mistakes
I don't think there are any mistakes actually.
First of all we will be using the going concern principle
That means we are going to assume that this company will continue to exist long enough to carry out its objectives
Okay lets have a look at your financial statements
Oh ya sure go ahead!
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