Why goodwill is called intangible asset? Explain by Jannathul Fardush Shimla - Monday, 23 November 2020, 12:08 PM Number of replies: 1 Goodwill is an intangible asset. Fictitious assets on the other hand, are the expenses or losses which are still to be charged from the profit and therefore, cannot be classified as tangible or intangible. Permalink In reply to Jannathul Fardush Shimla Re: Why goodwill is called intangible asset? Explain by Shahana Kabir - Monday, 30 November 2020, 10:23 PM Good observation. Permalink Show parent
In reply to Jannathul Fardush Shimla Re: Why goodwill is called intangible asset? Explain by Shahana Kabir - Monday, 30 November 2020, 10:23 PM Good observation. Permalink Show parent