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Why goodwill is called intangible asset? Explain

Why goodwill is called intangible asset? Explain

by Mahmudul Hasan Siyam -
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 Mahmudul Hasan Siyam

Re: Why goodwill is called intangible asset? Explain

by Shahana Kabir -
Good observation.Thanks for response.