Select the most appropriate alternatives from the given below and rewrite the statement: Goodwill is . . . . . . . . . . . . . . asset. - Book Keeping and Accountancy

MCQ

Select the most appropriate alternatives from the given below and rewrite the statement:

Goodwill is ______ asset.

Goodwill is an intangible asset.

Concept: Classification of Accounts

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Chapter 2: Meaning and Fundamentals of Double Entry Book-Keeping - Exercises [Page 39]

Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
Exercises | Q 3. 6) | Page 39

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