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P company investigates Q company's underlying assets to determine their fair values: propety, plant, and equipment. 250,000 patents. 10,000 inventories. 150,000 receivables. 15,000 cash 55,000

P company investigates Q company's underlying assets to determine their fair values:

propety, plant, and equipment. 250,000

patents. 10,000

inventories. 150,000

receivables. 15,000

cash 55,000

liabilities. 50,000

Q Company decides to accept Q company's offer of SAR 500,000.

Required:

what is the value of the goodwill, if any? Record necessary Journal entry

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