A bidder paid $1,250 for a target. The targets market asset is $2,000 and market liability is

Question:

A bidder paid $1,250 for a target. The target’s market asset is $2,000 and market liability is $1,050. What is the created during the acquisition? 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...