is goodwill fictious aseets or any other asset
Answer (1)
2nd Jan, 2020
Hii Sankar!
Goodwill is not considered as a fictious asset. This is because fictious assets do not have a market value but goodwill has a good market value. Goodwill is an intangible asset. Although it is created over time and not an expanse but is estimated in monetary terms. Hope this helps.
Good luck!
Goodwill is not considered as a fictious asset. This is because fictious assets do not have a market value but goodwill has a good market value. Goodwill is an intangible asset. Although it is created over time and not an expanse but is estimated in monetary terms. Hope this helps.
Good luck!
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