When do we know that a company has goodwill ? When can goodwill appear in a companys

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When do we know that a company has goodwill? When can goodwill appear in a company’s balance sheet?

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...
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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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