Why goodwill is called intangible asset? Explain by Shazzad Hossain Sumon_193-15-13576 - Monday, 23 November 2020, 3:30 PM Number of replies: 1 This is recorded as an intangible asset on the acquiring company's balance sheet under the long-term asset account. ... Goodwill is considered an intangible (or non-current) asset because it is not a physical asset like buildings or equipment. Permalink In reply to Shazzad Hossain Sumon_193-15-13576 Re: Why goodwill is called intangible asset? Explain by Shahana Kabir - Monday, 30 November 2020, 10:19 PM Nice observation. Permalink Show parent
In reply to Shazzad Hossain Sumon_193-15-13576 Re: Why goodwill is called intangible asset? Explain by Shahana Kabir - Monday, 30 November 2020, 10:19 PM Nice observation. Permalink Show parent