The excess of net assets acquired over purchase consideration is by Sunday | Apr 6 | Accounting WAEC | 0 comments A. capital reserve B. goodwill. C. purchase price D. discount Correct Answer: Option A – capital reserve Users Also Read These:The net profit is the excess of gross profit and…The excess of value of assets over the purchase…When a business is purchased from a sole trader, the…When the purchase consideration is lower than the…In a non-profit making organisation, the excess of…