Question

Goodwill is a tangible and intangible assets

Answer 1

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❏Goodwill is a special type of intangible asset that represents that portion of the entire business value that cannot be attributed to other income producing business assets, tangible or intangible.

❏Goodwill and intangible assets are usually listed as separate items on a company's balance sheet.

Answer 2

★ Goodwill is a special type of intangible asset that represents that portion of the entire business value that cannot be attributed to other income producing business assets, tangible or intangible.

★ Goodwill and intangible assets are usually listed as separate items on a company's balance sheet.

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