alleryStart learning →In a purchase deal, consideration is Rs 12,00,000 and net assets Rs 10,50,000. Goodwill?
ARs 1,50,000
BRs 1,05,000
CRs 30,000
DRs 1,20,000
Answer & Solution
Correct answer: A. Rs 1,50,000
Goodwill is the excess of consideration over net assets, which is 12,00,000 minus 10,50,000, or 1,50,000.
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