Accountancy, asked by chetangawle, 28 days ago

Goodwill is ___________________ asset *​

Answers

Answered by sarveshshah9333
3

Answer:

Goodwill is an intangible asset

Explanation:

That is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process.

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Answered by pallavinalakar
0

Goodwill is an intangible asset

For more information

Goodwill is considered as an intangible (or non-current) asset because it is not a physical asset like buildings or equipment.

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