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Goodwill may be recorded in which of the following circumstances? When the property, plant and equipment of a business increase in value. When a business
Goodwill may be recorded in which of the following circumstances?
When the property, plant and equipment of a business increase in value. | |
When a business earns a very high net income. | |
When one business purchases another business. | |
When a business sells property for more than its book value. |
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