Which of the following cannot be realized?
FINANCIAL
JAMB 2015
Which of the following cannot be realized?
- A. creditors
- B. debtors
- C. motor vehicles
- D. goodwill
Correct Answer: D. goodwill
Explanation
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.
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