Accounting Info

Famous In Accounting What Is Goodwill 2022 . Find the capitalized average net profit. Goodwill is an adjusting entry on the balance sheet to help explain why the cash spent to acquire a company is greater than the assets received in return. Accounting for Goodwill Overview and Example Accounting Hub from www.accountinghub-online.com Goodwill is a company’s value that exceeds its assets minus its liabilities. For instance, if a company sells for $2.75 million but its book assets only have a net value of $2.125 million, then its goodwill. Goodwill is by definition an asset that is intangible.