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Sally's Salsa shop has a balance sheet value of equities and liabilities of $10m ....

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Accounting

Sally's Salsa shop has a balance sheet value of equities and liabilities of $10m . It is acquired by Tim's Taco Truck for $15.

How is the extra $5m recorded on the balance sheet ?

-A sunk costs

-A goodwill

-A non-current liabilities

-It is not recorded on the balance sheet.

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