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Determine the amount of goodwill if A Ltd bought its 1 0 0 % interest in B Ltd for R 1 7 5 0 0

Determine the amount of goodwill if A Ltd bought its

100 %

interest in B Ltd for R

175 000 .

On the date of acquisition, B Ltd

'

s share capital amounted to R

60 000

and its retained earnings amounted to R

65 000

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