Elance Exams Answers PDF file

-- PDF FILE --
Download PDF file of elance Zoho Creator Exam Answers

What is Goodwill in financial reporting?

Goodwill is an Asset account. When a company is purchased for more than the assets are worth the off setting account is called Goodwill.
Goodwill is something you do without wanting anything in return.
There is no such account that is considered Goodwill in accounting.
Goodwill is a charitable donation place. You can take household items to Goodwill and get a tax dedution.
  • Follows us our servcies
  • Facebook icon
  • Linkedin icon
  • twitter icon
  • rss icon
  • social icon