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.
Why goodwill is called intangible asset? Explain
Number of replies: 1
In reply to Minhajul Islam 193-15-13432
Re: Why goodwill is called intangible asset? Explain
by Shahana Kabir -
Thanks for reply.