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Business, 28.04.2021 20:10 hannahkharel2

Question text Goodwill should be recorded in the balance sheet as an intangible asset only when a. it is sold to another company. b. it is acquired through the purchase of another business. c. a company reports above-normal earnings for five or more consecutive years. d. it can be established that a definite benefit or advantage has resulted from some item such as an excellent reputation for service.

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