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:If the purchase price exceeds the net assets of a…When the purchase consideration is lower than the…In the purchase of a business, a buyer has paid more…The net profit is the excess of gross profit and…In a non-profit making organisation, the excess of…