What is the goodwill, how it will be calculeted.can
Goodwill posted on laibiltes side Balance sheet.

Answer Posted / subrat kumar

Goodwill is a intangible asset.We cant see it or touch it.
Calculate of Goodwill the help of below two method.
1. Average profit method
2.Super profit method
We cant shown it in liabilities side. Becasue Its
Intangible asset.

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