Sociology, asked by Jincyroy, 2 months ago

Goodwill is an intangible assets which should be written off soon. (one word) ​

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Answered by ajdharaju04
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Answer:

What Is Goodwill?

Goodwill frequently arises when one company buys another; it is defined as the amount paid for the company over book value. Goodwill is an intangible asset, as opposed to tangible assets such as buildings, computer and office equipment, and related physical goods, including inventory and related forms of working capital. In other words, goodwill represents an acquisition amount over and above what the purchased firm's net assets are deemed to be valued at on the balance sheet. (For more, see "Is Goodwill Considered a Form of Capital Asset?")

Answered by sagarkag1947
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Answer:

kindly elaborate the question

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