CameraIcon

SearchIcon

MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Analysing Statement of Profit and Loss

What goodwill...

Question

What goodwill really mean property or something else of a person??

Open in App

Solution

Dear student Goodwill is an intangible asset. It is the value of reputation in the market. It can't be a property of a person as property it a tangible . Regards

Suggest Corrections

thumbs-up

1

Similar questions

Q. How do we get addicted to drugs? Is it just a wish or something else?

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Statement of Profit and Loss

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Analysing Statement of Profit and Loss

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon