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  3. 1.goodwill company a paid company b $2,500,000 f

1.Goodwill Company A paid Company B $2,500,000 for all of Company Bs assets....

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Accounting

1.Goodwill
Company A paid Company B $2,500,000 for all of Company Bs assets. Company A also assumed $300,000 of Company Bs liabilities. The acquired assets were appraised at $1,900,000. Calculate the amount of Goodwill that should be recorded on the books of Company A resulting from the purchase of Company B.

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