A

Admin • 833.24K Points
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Q. Goodwill is classified as:

  • (A) Tangible asset
  • (B) Fictitious asset
  • (C) Intangible asset
  • (D) Current asset
  • Correct Answer - Option(C)
  • Views: 20
  • Filed under category Accounting
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Explanation by: Admin

Goodwill is an intangible asset as it cannot be physically seen or touched.

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