All the individual shareholders in Company A sold all their shares to Mr B and Mr C. The net asset for Company A worth $100,000. The shareholders sold their shares for $300,000 to Mr B and Mr C. The goodwill is $200,000. Since the sale of shares is among individual shareholders, need to records goodwill in Company A's account ?

Another homework question from yet another person who hasn't read the rules about homework.

Read this first: Expectations for the Homework Help board
Do not simply retype or paste a question from your book or study material

We won't do your homework questions for you.
You were given the assignment for you to learn.

If you come up with your own answer and post it for us to critique that is within reason.

If you have some SPECIFIC questions that you couldn't find or didn't understand, we may help with that.
But this is your assignment, so show us you have at least attempted to complete it on your own.

Your comment doesn't help at all. This is a genuine case and NOT simply retype or paste a question from your book or study material. My comment would be NO NEED to record in Company's A account.

My COMMENT... is the site rules... Copy and pasted VERBATIM.

Like it or not... that's how it is. I didn't write them.

That is worded exactly like a Textbook question... not a real world situation someone is asking about. Unless you are a writer of such textbooks.. I find it highly odd you would present the question in the same manner a textbook would.