Why goodwill is considered to be an intangible asset and not a fictious asset?
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Answered by
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Hey mate ✌️✌️
Goodwill is considered to be an intangible assets because it does not have physical existence ,they cannot be seen and touched .
And fictious assets are those asset which neither tangible asset nor intangible asset .
✨ Hope this helps you ✨
Goodwill is considered to be an intangible assets because it does not have physical existence ,they cannot be seen and touched .
And fictious assets are those asset which neither tangible asset nor intangible asset .
✨ Hope this helps you ✨
Answered by
0
goodwill is an intangible asset becouse we are not fel and tech , see so good will called intangible asset
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