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Valuation Allowance definition
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Valuation Allowance
- Method of lowering or raising an object's CURRENT VALUE by adjusting its acquisition cost to reflect its market value by use of a CONTRA ACCOUNT.
Found on
https://www.encyclo.co.uk/local/21071
No exact match found.
Synonyms
estimation
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- Method of lowering or raising an object's CURRENT VALUE by adjusting its acquisition cost to reflect its market value by use of a CONTRA ACCOUNT.