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In divorce case: asset tht is hidden by one spouse to another
The assets which are not shown in the balance sheet is known as Hidden assets.
Value that a person or a company possesses that does not appears on its balance sheet. One may have a hidden asset due to an accounting conventions.
Value that a person or company possess that does not appear on its balance sheet.one may have hidden asset due to an accounting convention.
Eg
A company may be required to depreciate an asset faster than its actual value declines.
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