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Posted on Jul 30, 2024

If you were to purchase a very profitable travel agency for an amount greater than the net assets (assets - liabilities) of the the company

If you were to purchase a very profitable travel agency for an amount greater than the net assets (assets - liabilities) of the the company you would record this excess as

a. allocation of resources

b. depreciation

c. depletion

d. goodwill

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