English

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

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Question

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

Goodwill is ______ asset.

Options

  • Tangible

  • Current

  • an intangible

  • None of these

MCQ
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Solution

Goodwill is an intangible asset.

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

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
EXERCISE | Q 3. 6) | Page 39

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