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P1 C3 VALUATION OF GOODWILL — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C3 VALUATION OF GOODWILL1 Mark
Question
In balance sheet, goodwill is shown on which side and under which heading?
✓

Answer

On Assets Receivables side and under the heading of non-current assets, goodwill is Shown the balance sheet.

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