Accountancy, asked by souravo6753, 11 months ago

Tell Me Something About Accounting For Goodwill Finance?

Answers

Answered by aanchal1099
1

Answer:

Goodwill arises when a company acquires another entire business. The amount of goodwill is the cost to purchase the business minus the fair market value of the tangible assets, the intangible assets that can be identified, and the liabilities obtained in the purchase.

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