Goodwill

Essay specific features

 

Issue:

Business

 

Written by:

Gregory F

 

Date added:

June 2, 2015

 

Level:

University

 

Grade:

C

 

No of pages / words:

4 / 896

 

Was viewed:

9376 times

 

Rating of current essay:

 
Essay content:

It encompasses the three main elements of the accounting equation – the assets, the liabilities and owner’s equity. The assets are resources controlled by the enterprise as a result of past event which will give rise to future benefits for the company. And one of the good examples of assets is the intangible assets...
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It comprises of patents, licenses, contracts, copyrights and goodwill. The first four are identifiable intangible assets because they could be identified separately from the rest of the other assets while on the other hand, goodwill is not. Goodwill is an unidentifiable intangible asset for the reason that it is embedded or included in the entity itself...
displayed 300 characters

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