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:In a partnership goodwill is recognized when?How much was paid for goodwill?The double entry to record the goodwill in the books…Goodwill is recognized in partnership accounts when?A set of measures pursued by an organization in…