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What is Goodwill? If it is treated as asset in
Balancesheet then what is on its opposit side i.e.
liability side.
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Answer Posted / gohar ali pugc
Good Will is nothing else but "A COMPANY REPO"
co create its good will by creating good & reliable
cusomer/consumer.a co generate more profit due to its good
will in the market,A better co is that who purchased raw
material on credit and sell it on cash butt this is posible
when a company has its good will.and there is no treatement
in balance sheet.
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