Brynlee paid $500,000 for a company,$100,000 in excess of the book value.Brynlee has ______.
A) $100,000 of expenses
B) $100,000 of intangible assets
C) goodwill of $100,000
D) debt of $100,000
Correct Answer:
Verified
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A)cost
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A)retained
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A)assets
Q20: The financial statement in which the cost
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