goodwill calculation

[h21]

I see on EOC that goodwill is calculated from balance sheet by using the difference between total equity and purchase price, maybe I forgot the accounting 101, but can someone explain to me how total equity is the same in defition of net identifable asset?

 

[S2000magician]

A = L + E
So,
E = A − L

 

[h21]

S2000magician wrote:
A = L + E
So,
E = A − L

ah i guess what you meant is i didnt get clear with the idea aof net identifiable asset, which is asset minus liability which is equity, correct?

 

[S2000magician]

Yup.