Why does GAAP require firms to write off over time any portion of an excess purchase price

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Why does GAAP require firms to write off over time any portion of an excess purchase price allocated to buildings and equipment but not goodwill?

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Financial Accounting Introduction To Concepts Methods And Uses

ISBN: 9780324222975

11th Edition

Authors: Clyde P. Stickney, Roman L. Weil

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Question Posted: Jul 09, 2024 10:07 AM

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Why does GAAP require firms to write off over time any portion of an excess purchase price

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Financial Accounting Introduction To Concepts Methods And Uses

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