Answer
(a) Net realizable value.
(b) Would not be disclosed. Liabilities would be disclosed in the order to be paid.
(c) Would not be disclosed. Depreciation would be inappropriate if the going concern assumption no longer applies.
(d) Net realizable value.
(e) Net realizable value (i.e., redeemable value).
Work Step by Step
Ideally, the going concern principle is a fundamental financial statement assumption that assumes an entity will remain in business for the foreseeable future; thus a company will not go into bankruptcy.
