The reduction in value of goodwill is? By: Sunday|Published on: Mar 21|Categories: 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?Goodwill can be created in the books of a…The goodwill on purchase is?Goodwill is?The double entry in the books to write off goodwill is?SEE ALSO In a system of incomplete records, the opening capital is determined by preparing?