₦110,000
₦80,000
₦90,000
₦30,000
Correct answer is D
AssetsNPlant and Machinery190000Motor Vehicle170000Stock60000420,000Less Liabilities50000Value / Net worth of the business370,000
Purchase Consideration less worth of the business
400,000 - N 370,000
= N30,000
Goodwill is an asset that can not be seen or touched. It is referred to as intangible asset.
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