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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

Goodwill is classified as ______. - Accountancy

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Question

Goodwill is classified as ______.

Options

  • A current asset

  • A liquid asset

  • A tangible asset

  • An intangible asset

MCQ
Fill in the Blanks
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Solution

Goodwill is classified as an intangible asset.

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Chapter 12: Final Accounts of Sole Proprietors - 1 - Multiple choice questions [Page 264]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 12 Final Accounts of Sole Proprietors - 1
Multiple choice questions | Q I 10. | Page 264
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