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Negative goodwill for a subsidiary

This topic has 1 reply, 2 voices, and was last updated 11 years ago by fs28.

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October 5, 2013 at 8:25 pm #142121
samicolk
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How do you account for negative goodwill in the international variant of f7?
October 6, 2013 at 5:56 pm #142168
fs28
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Negative goodwill is known as a “bargain purchase” and is credited to retained earnings In the SOFP as it is a profit.
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