Should goodwill arising from an equity investment of more than 20 percent be recorded separately on the

Question:

Should goodwill arising from an equity investment of more than 20 percent be recorded separately on the books of the investor? Explain.

Goodwill
Goodwill is an important concept and terminology in accounting which means good reputation. The word goodwill is used at various places in accounting but it is recognized only at the time of a business combination. There are generally two types of...