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Goodwill was purchased when a business was acquired. When it is determined that the goodwill is impaired, the credit is usually made to the Goodwill
Goodwill was purchased when a business was acquired. When it is determined that the goodwill is impaired, the credit is usually made to the Goodwill account. an Accumulated Impairment Loss account. a Deferred Credit account. a Shareholders' Equity account
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