Why ‘going’, in "going concern"?

This quote explains that in "going concern", ‘going’ means ‘ongoing’.

No, it's not a "concern" in the sense of "worries".
https://news.ycombinator.com/item?id=14087397
It's a concern in the sense of "commercial enterprise, entity".
https://news.ycombinator.com/item?id=14087397
Similarly, it's not "going" in the sense of "leaving" or "going out of business", but "going" as in "ongoing, viable" [my emphasis].
https://news.ycombinator.com/item?id=14087397
So, "going concern" is not a negative thing, meaning "bankruptcy worries" or so, but a positive thing, meaning "viable enterprise".

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But it is weird to describe a business as ‘going’. Native English speakers refer to "running" or "operating" a business, or that a business is "ongoing, viable". I never heard anyone refer to ‘going’ a business, or that a business is ‘going’.

1. What’s the etymology of ‘going’ in "going concern"?


2. Why is this term not "ongoing concern", or "operating concern"?

"Going concern" is an accounting term. it means that balance sheets should always be structured and valuations should always be done under the assumption the the business will continue its operation.

"Going concern" is a standing phrase since the early 19th century. The word ongoing evolved only in the late 19th century. At the time, it was common to say going instead. Concern means business or enterprise is this context; it does not mean worries. This meaning still exists though it is today mostly applied to large conglomerates of companies.