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What is Goodwill? If it is treated as asset in
Balancesheet then what is on its opposit side i.e.
liability side.

Answer Posted / ashish

goodwill is extra earning capacity of a company.
it may possible u genrate goodwill from ur quality product
or service or it may also possible comapany hv purchased it
by this way u hv to pay 4 that in cash for that goodwill.
through purchase of goodwill ur creditor will increase.

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