The double entry in the books to write off goodwill is?

A. debit Goodwill account, credit capital account
B. debit Goodwill account, credit revaluation account
C. debit profit and loss appropriation account, credit Goodwill account
D. debit Trading account, credit Goodwill account

Correct Answer: Option C

C. debit profit and loss appropriation account, credit Goodwill account