Alternative Treatments for a Transaction by Adopting Going Concern Concept in Accounting:

1. Recognition of Assets and Liabilities:
- When adopting the going concern concept, accountants recognize assets and liabilities based on their long-term value rather than their liquidation value. This ensures a more accurate representation of the business's financial position.

2. Depreciation of Assets:
- Under the going concern concept, assets are depreciated over their useful life rather than being immediately written off. This allows for a more realistic allocation of costs over time and helps in matching expenses with revenues.

3. Provision for Doubtful Debts:
- Companies adopting the going concern concept may set aside provisions for doubtful debts to account for the possibility of customers defaulting on their payments. This helps in presenting a more accurate picture of the company's financial health.

4. Long-Term Investments:
- Investment decisions are made with a long-term perspective in mind when the going concern concept is applied. This means that investments are evaluated based on their potential to generate returns over an extended period rather than for short-term gains.

5. Capital Structure Management:
- Companies under the going concern assumption focus on maintaining a stable capital structure that supports long-term growth and sustainability. This involves managing debt levels, equity financing, and dividend policies in a way that ensures the company's ongoing operations.