Question

what is goodwill, define accountancy for goodwill
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Answer 1

Answer:

Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. ... The goodwill amounts to the excess of the "purchase consideration" (the money paid to purchase the asset or business) over the net value of the assets minus liabilities

Explanation:

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Answer 2

Answer:

Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Goodwill represents assets that are not separately identifiable.

Explanation:

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