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How to Account for Goodwill: Revision history

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12 March 2025

21 March 2023

  • curprev 08:1508:15, 21 March 2023 Lukegao1 talk contribs 1,879 bytes +1,879 创建页面，内容为“Goodwill is an intangible asset that represents the excess of the purchase price over the fair value of the identifiable assets acquired in a business combination. Accounting for goodwill requires a specific set of rules and procedures that depend on the accounting standards used by the company. Here are the general steps to account for goodwill: 1. Identify the goodwill: Goodwill is recognized when a business is acquired for a price that exceeds the fair valu…”
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