Question on: JAMB Accounting - 2015

Which of the following cannot be realized?

A
creditors
B
debtors
C
motor vehicles
D
goodwill
Ask EduPadi AI for a detailed answer
Correct Option: D

Good will being an intangible asset cannot be seen or touched and are just believed to exist goodwill can only be valued to be a certain amount, the realizable value becomes a difficult task.

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses