Which of the following is true about internally generated goodwill? (a) Recorded at fair value through profit

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Which of the following is true about internally generated goodwill?

(a) Recorded at fair value through profit and loss

(b) Recorded at the initially value measured by an expert

(c) Both (a) and (b) are applicable

(d) None of these

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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Question Posted: Jan 04, 2024 07:08 AM

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Which of the following is true about internally generated goodwill? (a) Recorded at fair value through profit

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The correct answer is d None of these Internally generated goodwill is not recorded or recognized in ...View the full answer

Financial Accounting

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