2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Goodwill

12th Class Accountancy Goodwill Question Bank MCQs - Goodwill : Nature And Valuation

  • question_answer
    Goodwill is recorded in the books only when:

    A) Goodwill is self-generated

    B) Money or money's worth is paid for it

    C) A partner retires 

    D) None of these

    Correct Answer: B

    Solution :

    Money or money's worth is paid for it


You need to login to perform this action.
You will be redirected in 3 sec spinner