cpark2 cpark2
  • 22-10-2020
  • Business
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Is goodwill current asset?

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mariag1512 mariag1512
  • 22-10-2020
Goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-term assets account. ... 1 Goodwill is considered an intangible (or non-current) asset because it is not a physical asset like buildings or equipment.
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tillertacorie
tillertacorie tillertacorie
  • 22-10-2020

Answer: Goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-term assets account. Goodwill is considered an intangible (or non-current) asset because it is not a physical asset like buildings or equipment

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