What would be wrong with P recording goodwill as 3 in this case?

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What would be wrong with P recording goodwill as £3 in this case?

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Frank Woods Business Accounting Volume 2

ISBN: 9781292085050

13th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 12:37 AM

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What would be wrong with P recording goodwill as 3 in this case?

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In Ps eyes it is giving 18 for physical assets worth 17 and the goodwill fi...View the full answer

Frank Woods Business Accounting Volume 2

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