Dotty

Going Concern.



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The going concern principle is an accounting assumption that states that an organization will continue to operate for the foreseeable future. This means that the organization will not be forced to liquidate its assets and cease operations in the near future. The going concern principle is important because it allows organizations to keep their financial … Read more

What is market value?



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The meaning of market value is the value of a good, product or service, determined by supply and demand of the market at a given time. It is the net amount that a seller could get from the sale of that service or product. Other definition of market value is the estimated amount for which … Read more