Realisation is an important topics in accounting that is used in income measurement. According to general accounting concept realisation means converting non cash into cash. Realisation is used in recognition of the revenue. For example the recognition of revenue from sales is realised. Realisation not only recognise revenue, but also it recognise the expiration of cost. Revenue is recognised when the sales is happend but it not realised. Only then the revenue will realised when selling price eill be collected.
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