हिंदी

State Whether the following Statement is True or False: Goodwill is a Current Asset.

Advertisements
Advertisements

प्रश्न

State Whether the following Statement is True or False:

Goodwill is a Current Asset.

सत्य या असत्य
Advertisements

उत्तर

The statement is false.

Explanation:

Goodwill is an intangible non-current asset, not a current asset. It represents the value of a firm's reputation, customer loyalty, and other non-physical advantages.

shaalaa.com
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Change in Profit Sharing Ratio among the Existing Partners - OBJECTIVE TYPE QUESTIONS [पृष्ठ २.९७]

APPEARS IN

डी. के. गोएल Accountancy Part A Volume 1 and 2 [English] Class 12
अध्याय 2 Change in Profit Sharing Ratio among the Existing Partners
OBJECTIVE TYPE QUESTIONS | Q (B) 15. | पृष्ठ २.९७
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×