Question

What is Goodwill?
What is Depreciation?

Answer 1

Answer:

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Answer 2

Answer:

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Explanation:

goodwill- an intangible asset which adds value to the company eg: reputation , skills of workers.

depreciation - the amount by which an asset loses its value over time. eg: if a vehicle costs 10000 over 5 years it will depreciate by ( 10000/5) = 2000 each year.

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