Accountancy, asked by dipanshee2578, 11 months ago

Explain the causes of Origins of goodwill

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Answered by anshkumar16579

Answer:

The three factors in the creation of a company's goodwill include its going concern value, excess business income and the expectation of future economic benefits. ... The excess business income implies that a company is earning an excess income due to the presence of its goodwill.

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