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When the implied value exceeds the aggregate fair values of identifiable net assets, the residual difference is accounted for as:a. excess of implied over fair value.b. a deferred credit.c. difference
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When the implied value exceeds the aggregate fair values of identifiable net assets, the residual difference is accounted for as:a. excess of implied over fair value.b. a deferred credit.c. difference between implied and fair value.d. goodwill.

User MateuszPrzybyla
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Answer:

goodwill

Step-by-step explanation:

Goodwill is when the purchase price of a company is greater than the fair market value of the company's identifiable assets and liabilities.

User Dima Kurilo
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