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Give one important feature of non-purchased goodwill. - Accounts

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प्रश्न

Give one important feature of non-purchased goodwill.

अति संक्षिप्त उत्तर
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उत्तर

It is self-generated (internally created) and cannot be recorded in the books of accounts as per accounting standards.

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Goodwill : Concept and Valuation - SHORT ANSWER QUESTIONS [पृष्ठ २.२४]

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डी. के. गोएल Accountancy Volume 1 and 2 [English] Class 12 ISC
पाठ 2 Goodwill : Concept and Valuation
SHORT ANSWER QUESTIONS | Q 5. | पृष्ठ २.२४
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