Classwork Series and Exercises {Financial Accounting – SS2}: Realization Account

Financial Accounting, SS 2, Second Term Week 1 Topic: Realization Account Contents Concept of realization Account Realization Account Format Concept of Realization Account Realization account is the conversion of assets, goods, or services into cash or receivables through sale. Also called actualization. Realization account has two features DR and CR side,on the debit side the […]

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