Accountancy, asked by rohit729211, 1 year ago

What is the example of goodwill

Answers

Answered by Anonymous
2
______✨ HEY MATE ✨______

Example of Goodwill :-
If Company A buys Company B for more than the fair value of Company B's assets and debts, the amount left over is listed on Company A's balance sheet as goodwill.

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Answered by swati7478
3
hey mate, here is your answer....

Goodwill is created when one company acquires another for a price higher than the fair market value of its assets; forexample, if Company A buys Company B for more than the fair value of Company B's assets and debts, the amount left over is listed on Company A's balance sheet as goodwill.

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rohit729211: Ooo... Nice way to explain the goodwill...
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