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What is Goodwill?
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Answer / srilakshmi
goodwill is an intangible asset of a company which includes company reputation, fame etc., through goodwill company share value may increases
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Goodwill is an assets of a company which are not exactly measurable in term of money.
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Answer / vijay
Good will is an intangible asset which neither can be touched nor can be seen.good will should be show in books of accounts if and only if it is purchased in cash or value.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / srinivas.
goodwill is intangible asset we can not touch and see it should show on asset side in balance sheet
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