The reduction in value of goodwill is? by Sunday | Mar 21 | Accounting WAEC | 0 comments A. amortization B. appreciation C. depletion D. depreciation Correct Answer: Option A A. amortization Users Also Read These:The double entry in the books to write off goodwill is?The value of goodwill calculated at 3 years purchase…The instantaneous value of the induced e.m.f as a…The reduction in the value of a country’s currency…The reduction in the value of a country's currency…