Hello! In financial accounting if a company’s goodwill is valued at $1 million at the end of a particular year

Question

Hello! In financial accounting, if a company’s goodwill is valued at $1 million at the end of a particular year,

and the company did not have any acquisitions in that same year, how would that entry be recorded as a journal entry in order to prepare to record it on the company’s financial statements?

Financial Accounting

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