What is recorded as goodwill in an acquisition?
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:63
All Answers
total answers (1)
belongs to book: ADVANCED ACCOUNTING|Debra C.jeter, Paul K.Chaney|7th edition| Chapter number:1| Question number:63
total answers (1)
Accounting
Any excess of total cost over the sum of amounts assigned to identifiable assets and liabilities. Goodwill should not be amortized only impaired when necessary.
need an explanation for this answer? contact us directly to get an explanation for this answer