Question

good will is slown in Company's balance sheet under tha head​

Answer 1

Answer:

Goodwill is recorded as an intangible asset on the acquiring company's balance sheet under the long-term assets account.

Answer 2

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Goodwill only shows up on a balance sheet when two companies complete a merger or acquisition. When a company buys another firm, anything it pays above and beyond the net value of the target's identifiable assets becomes goodwill on the balance sheet.