Multiple Choice Questions on Purchased Goodwill is ........ for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Purchased Goodwill is ........

Accountancy (CUET) Analysis of Financial Statements
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    Purchased Goodwill is

    Assets-Liabilities

    Correct Answer

    Assets-Profit
     

    Incorrect Answer

    Both
     

    Incorrect Answer

    None of the options

    Incorrect Answer
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    Explanation:
    Assets-Liabilities

    Goodwill is excess of assets over liabilities

    By: NIHARIKA WALIA
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