Question 1 a. Explain the following accounting terms: i. Going concern concept. ii. Accruals concept. b. State

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Question 1 a. Explain the following accounting terms: i. Going concern concept. ii. Accruals concept. b. State the arguments for and against having accounting standards as a basis for preparing...

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Question 1 a. Explain the following accounting terms: i. Going concern concept. ii. Accruals concept. b. State

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