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Basic query in accounting

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(Querist)
21 September 2013 Whether below statements are correct or not?
1)AS-26 deals with Internally generated Goodwill(Self generated goodwill)
2)AS-10 deals with purchased goodwill.

I will be very much thankful to u.
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CA vidhyadhari

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CA vidhyadhari (Expert)
21 September 2013 AS 26 deals with purchased goodwill.. internally generated goodwill is not recognized..

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