jattu trading company had shown the goodwill of rs 30000 in their books what type of goodwill jattu trading company had
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I don't know please follow me
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oj
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hey mate
Explanation:
To calculate goodwill, the fair value of the assets and liabilities of the acquired business is added to the fair value of business' assets and liabilities. The excess of price over the fair value of net identifiable assets is called goodwill. Goodwill Calculation Example: Company X acquires company Y for $2 million.
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