Accountancy, asked by param00768, 4 months ago

Define Goodwill
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Answered by ariztamanna87
1

Answer:

Goodwill is created when one company acquires another for a price higher than the fair market value of its assets; for example, if Company A buys Company B for more than the fair value of Company B's assets and debts, the amount left over is listed on Company A's balance sheet as goodwill.

Answered by kumachjila
1

Explanation:

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