Accountancy, asked by shreyamahobia3003, 4 months ago

what is the cause of origin of Goodwill

Answers

Answered by nehabhosale454
27

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.

Explanation:

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Answered by stephenvalerian
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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