Home » Accounts (Principles of Accounts) » The reduction in value of goodwill isThe reduction in value of goodwill is The reduction in value of goodwill is A. amortization B. appreciation C. depletion D. depreciation Correct Answer: Option A Explanation Related Posts The amount for which a business is sold is that The major distinguishing element between the final accounts of a partnership and a sole trader… An outright sale of a partnership amounts to the? Which of the following is a credit item in creditors ledger control account? The following accounting entries are made when bad debt is recovered Determine the closing stock under LOFO method