Assets are what a business owns and liabilities are what an enterprise owes. both are indexed on a business enterprise's stability sheet, 
Calculation of goodwill gain and bargain purchase:-
Particulars                                                                            Amount
 Assets :                                                                              
          cash                                                                            $ 23,000                             
        property & equipment                                                   85,000 
  internally developed patent                                                3,000
      Total assets                                                                     $ 111,00
 Less: Liabilities                                                                     ( 16000 ) 
Net assets of William co.                                                      $ 95,000 
Purchase consideration paid                                               $ 145,000
goodwill [ purchase consideration-net assets ]                  $ 50,000
   Notes
The assets & Liabilities of the Acquiree are recorded at fair value in the books of the acquiree.
Internally developed parent, which is acquired is expected to be identifiable. Hence recognized in Books. recorded at is books of Acquiror. an economic assertion that suggests an enterprise's economic fitness. belongings minus liabilities equals fairness or a proprietor's net worth. present-day and long-term liabilities are going to be the maximum not unusual ones that you see for your enterprise.
Learn more about Liabilities here:-brainly.com/question/12240150
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