GOING CONCERN VALUE Definition

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GOING CONCERN VALUE is the value of a business enterprise that is expected to continue to operate into the future. The intangible elements of Going Concern Value result from factors such as having a trained work force, an operational plant, and the necessary licenses, systems, and procedures in place.

Learn new Accounting Terms

JOURNAL, in accounting transactions, is where transactions are recorded as they occur.

OPEN ALLOTMENT is where there is no restriction as to an amount that may be taken from that which is being allotted.

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