Goodwill is Asset or Liability

Goodwill is an asset and not a liability, goodwill is treated in the balance sheet as intangible asset because goodwill cannot be seen like plant or land and therefore it is difficult to estimate the value of goodwill because it keeps changing with the growth or decline in the business of the company.

0 comments… add one

Leave a Comment

Related pages

what is full form of cfathe main features of a capitalistic economic system arehow to comment on profitability ratiosrental income journal entrymerger disadvantagescontingent liabilities examplesprofitability ratios formulamonopolistic competition examples companiesmonopolistic competition is a market situation in whichfive categories of price elasticity of demandaccounting treatment for contingent liabilitiespricing skimmingautocratic leadership disadvantagesstrengths and weaknesses of capitalismskimming pricing strategy advantages and disadvantagesdisadvantages of venture capitalinformative report of demat accountwhat is the difference between monopoly and oligopolydiminishing balance method of depreciationintermediate goods economics definitiondemat vs trading accountcapital goods vs consumer goodsassumptions of capmadvantages of denormalizationexamples of period costswhat is mixed economy advantages and disadvantagesautocratic leaderexplicit cost and implicit costneft long formadvantages and disadvantages of industrializationexample of perfect competition in the philippineswhat is a decentralised organisational structureadvantages and disadvantages of planned economytypes of price elasticity of demand with examplesnostro accountppf advantagesdifference between inferior and normal goodswhat is mixed economieshypothecation of goodsprofitability ratios formulaspayment received in advance journal entrywho is the founder of icici bankdeclining method of depreciationmeaning of forfeitingwhat is a major disadvantage of a centrally planned economydefinition traditional economycharacteristics of urbanisationunearned revenue accountconvertible bonds advantagesnon diversifiable risk exampleexamples of indirect quotationexample of a monopolistic competition companydifference between bank rate and msfwhat is inferior goods in economicssimilarities between sales and marketingwhy does the government intervene in a mixed economywho is an autocratic leadercibil bankcontribution pricing advantages and disadvantageswhat is the difference between a debtor and a creditoradvantages and disadvantages of social media marketingadvantages and disadvantages of pricingexamples of mixed economy countriesfeatures of marginal costingwhat is a withdrawal slipwhat is the full form of gstdefinition of unitary elasticwhat are the disadvantages of globalisationpure competition market examplesdifference between creditor and debtorpayback financeinvestment appraisal payback perioddisadvantages of industries wikipediaprivatisation in economics