Goodwill is a
A) Fixed asset
B) current asset
C) intangible asset
D) fictitious asset
Correct Answer:
Verified
Q3: The Balance in exchange difference on transaction
Q4: 'Pooling of interest' is a method of_
A)accounting
Q5: rights/ Duties of partners are governed by_
A)article
Q6: The proceeds of assets not specifically pledged
Q7: Out Of The following, Direct Expense Is
A)Salaries
B)carriage
Q9: Income received in advance is
A)An income
B)a liability
C)an
Q10: Sales are equal to
A)Cost of goods sold
Q11: Interest on drawings is
A)An expenditure for the
Q12: Which of the following is a current
Q13: In the case of net worth method
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