Accountancy, asked by dhankarsavitri, 1 month ago

what is the goodwill ??​

Answers

Answered by thegreatrachijain
2

Answer:

Goodwill is an intangible asset that is associated with the purchase of one company by another. ... The value of a company's brand name, solid customer base, good customer relations, good employee relations, and proprietary technology represent some reasons why goodwill exists.

Answered by srinidhihs04
1

Answer:

Goodwill is the reputation earned by the company.

Explanation:

It is an intangible asset which is listed in the balance sheet.

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