Accountancy, asked by salmansabbaq889, 1 year ago

What is the nature of goodwill

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Answered by kriti9agr

Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business.Goodwill represents assets that are not separately identifiable. ... It is classified as an intangible asset on the balance sheet, since it can neither be seen nor touched.

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