Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
22 views
in Accounts by (37.2k points)
closed by

Which of the following is not a tangible asset?

(A) Motor car

(B) Goodwill

(C) Stock

(D) Building

1 Answer

+1 vote
by (38.9k points)
selected by
 
Best answer

Correct option is (B) Goodwill

Goodwill is an intangible asset that represents the excess of the purchase price of a business over the fair value of its identifiable tangible and intangible assets acquired, minus liabilities assumed.

Motor car, stock, and building are all examples of tangible assets because they have physical substance and can be touched or seen.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...