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Where does negative goodwill go on the balance sheet? Find the Answer at BYJU'S
Where does negative goodwill go on the balance sheet? Find the Answer at BYJU'S
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Solution
Negative goodwill ought to be perceived and independently unveiled on the monetary record, quickly underneath the goodwill heading. It ought to be perceived in the benefit and misfortune account in the periods in which the non-financial resources obtained are depreciated or sold. Any negative goodwill in overabundance of the upsides of the non-financial resources ought to be written back in the profit and loss account over the period expected to profit from the negative altruism.
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Negative goodwill ought to be perceived and independently unveiled on the monetary record, quickly underneath the goodwill heading. It ought to be perceived in the benefit and misfortune account in the periods in which the non-financial resources obtained are depreciated or sold. Any negative goodwill in overabundance of the upsides of the non-financial resources ought to be written back in the profit and loss account over the period expected to profit from the negative altruism.
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