Goodwill account is related to ........

Accountancy (Phase -I & II) Introduction to Accounting

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Goodwill account is related to:

Nominal account.

Personal account.

Real account .

Tangible account.?

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Explanation:

Goodwill is an intangible asset that is associated with the purchase of one company by another. Specifically, goodwill is the portion of the purchase price that is higher than the sum of the net fair value of all of the assets purchased in the acquisition and the liabilities assumed in the process

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