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What is goodwill?
Watch this video to learn about goodwill, an intangible asset that arises at the time of business acquisition.
Watch the video and then summarise what you have learned.
Goodwill is an intangible asset that arises at the time of business acquisition when the price paid for the business exceeds the fair value of the net identifiable assets.
This article is from the online course:
Financial Accounting for Business Management
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This article is from the free online
Financial Accounting for Business Management
