Why goodwill is called intangible asset? Explain

Why goodwill is called intangible asset? Explain

by Tasmima Akter -
Number of replies: 1

Goodwill is considered an intangible (or non-current) asset because it is not a physical asset like buildings or equipment.




In reply to Tasmima Akter

Re: Why goodwill is called intangible asset? Explain

by Shahana Kabir -
Good observation.Thanks for reply.