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Alpha company was recently sold for 1250000 using this

Question - Alpha Company was recently sold for $1,250,000. Alpha assets and liabilities consisted of the following:

Item	Amount
Cash	$75,000
Inventory	$275,000
Property, Plant & Equipment	$750,000
Accounts Payable	$350,000

Using this information, how much should be recorded as Goodwill for this transaction?

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Accounting Basics: Alpha company was recently sold for 1250000 using this

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Accounting Basics: Alpha company was recently sold for 1250000 using this

Reference No:- TGS02517361

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