Question: a) Define the term goodwill and distinguish between internally generated goodwill and goodwill acquired in business combination. b) Explain why it is not logical to

 a) Define the term goodwill and distinguish between internally generated goodwill

a) Define the term goodwill and distinguish between internally generated goodwill and goodwill acquired in business combination. b) Explain why it is not logical to amortize goodwill arising from business combination

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