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Answer Posted / rajmails2
Goodwill:
Assets are Classified as 1. Fixed Assets
2. Current Assets.but there are two more that is 1.Tangible
Assets 2. Intangible assets.
Tangible : These are the assets which can be seen touch
felt. Ex:car, Chair. machinery etc.,
Intangible Assets : Which can't be seen, touch, felt,
for Examp : Good will, Patents, Trademarks.
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