alleryStart learning →Acquirer pays Rs 60,000 for 100% of net assets with fair value Rs 40,000. Goodwill equals:
ARs 20,000
BRs 40,000
CRs 60,000
DRs 1,00,000
Answer & Solution
Correct answer: A. Rs 20,000
Goodwill = consideration 60,000 less net assets 40,000 = Rs 20,000.
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