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What is the other name for negative goodwill?

Updated: 8/17/2019
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Q: What is the other name for negative goodwill?
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Why would there be negative goodwill on a purchaser's income statement rather than the seller's income statement?

Goodwill can be negative and arises where the net assets at the date of acquisition, fairly valued, exceed the cost of acquisition. Negative goodwill is recognized as a liability.


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The main importance of having goodwill is that it makes yourself and other feels better and you will get along with other people better. Goodwill means having a positive attitude and being friendly or helpful.


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Is goodwill credit or debit?

Goodwill is an asset to the entity .Hence, the same will always be with debit balance. Companies should not recognise goodwill, unless the same is earned through purchase of other entity


Is a goodwill expense part of Cash Flow from Operations?

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