Company A owns a world-renowned trademark, but it doesn't appear on its balance sheet. Company B owns

Question:

Company A owns a world-renowned trademark, but it doesn't appear on its Company B owns a world-renowned trademark, which is valued on the company's at $125,000,000. Explain why this difference might arise.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...