Company A owns a world-renowned trademark, but it doesn't appear

Company A owns a world-renowned trademark, but it doesn't appear on its balance sheet. Company B owns a world-renowned trademark, which is valued on the company's balance sheet 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...

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