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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
Under which head goodwill is shown in the balance sheet?
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Answer

Goodwill is shown in the balance sheet on the assets Side under the head of non-current assets as intangible asset.

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