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Why goodwill is called intangible asset? Explain

Why goodwill is called intangible asset? Explain

by Minhajul Islam 193-15-13432 -
Number of replies: 1

Goodwill is an intangible asset, which means that it cannot be seen or felt but has some realisable value. They are not recorded in the books of accounts.

In reply to Minhajul Islam 193-15-13432

Re: Why goodwill is called intangible asset? Explain

by Shahana Kabir -
Thanks for reply.