Answer:
balance sheet
Explanation:
Businesses are required to prepare a balance sheet at the end of every financial year. The balance reports the net worth of a company. It lists all the assets and their values on one side and liabilities and equity on the side. The balance sheet follows the accounting equation to indicate the total assets on one side. It shows how the assets have been financed through liabilities and equity.
If a business experiences a loss for three years straight, the _______ concept tells us to assume the business will continue operations regardless.
Explanation:
Do you have any answer choices? Are do you have to find the blank?
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