Accountancy, asked by debolina19, 3 months ago

what is premium for goodwill

Answers

Answered by krish78619

Explanation:

Goodwill is an intangible asset that arises when one company purchases another for a premium value. Premium on Goodwill is the compensation paid by the incoming partner to the sacrificing partner.

Answered by krishna2709

Answer:

Goodwill is an intangible asset that arises when one company purchases another for a premium value. ... Premium on Goodwill is the compensation paid by the incoming partner to the sacrificing partner.

Hope it's helpful to you.

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