Goodwill generated internally should be:
a. capitalized in the year it occurs.
b. represent...
Business, 07.05.2021 02:00 jasminali7956
Goodwill generated internally should be:
a. capitalized in the year it occurs.
b. represents the purchase price of a business that is about to be sold.
c. is the difference between the fair value of the net tangible and identifiable intangible assets and the purchase price of the acquired business.
d. is the only account in the financial statements that is based on fair value, all other accounts are recorded at an amount other than their fair value.
Answers: 1
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