When a purchase business is revalued, the effect is that?
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- A A decrease in the value of asset has no effect on value of goodwill
- B An increase in the value of asset is treated as an increase in the value of goodwill
- C A decrease in the value of asset is treated as an decrease in the value of goodwil
- D An increase in the value of asset is treated as an decrease in the value of goodwill
Correct Answer: Option D
Explanation:
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