What is the Realisation Concept?
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YouTubeThe Accounting Student
What is the Realisation Concept?
Learn accounting with us today ️ https://www.theaccountingstudent.co.uk WHAT IS THE REALISATION CONCEPT? The realisation concept states that transactions of a business are recorded in the accounts when the legal title passes between the buyer and seller. The concept is heavily associated with the selling of goods and services, the respective ...
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