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"Subject to realization" refers to an accounting principle where certain assets or liabilities are only recognized on a company's financial statements once they are realized or settled. This means that the company cannot record the value of these items until they are actually converted into cash or paid off. This principle ensures that financial statements accurately reflect the company's true financial position by only including assets and liabilities that have been realized or settled.

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ProfBot

5mo ago

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What does realisation from contributions mean?

how much effort you but into your work.


How do you apply for bank realisation certificate?

We can apply the bank realisation certificate once we received the foreign currrency realisation against the invoice. While appliing the certificate we have to fill the all details such as the commodity exported, the fob value of the invoice, the commission and freight value against the shipment and submit to the bank for attestation.


How can you get premium receipt of LIC policy?

You can get premium receipt against payment made both online and over counter.When payment of premia is made by cheque, the premium receipt inscribes the clause '...subject to realisation of cheque.'


Why were banks invented?

Banking was conceptionalised on the realisation that individuals are subjectively diverse, the occurrence of every customer requiring a withdrawal at the same instrance is slim. This further evolved the idea into what's known as fractional banking, the fractional creation of digital credit relying on the lack of demand in density.


What is mean by preshipement and post shipment finance?

post shipment finance :- Post-shipment finance is a loan or advance granted by a bank to an exporter of goods from India. This facility is available to an exporter subsequent to the date of shipment of goods upto the date of realisation of export proceeds.pre shipment finance :- any loan to an exporter for financing the purchase, processing, manufacturing on packing of goods.

Related Questions

What is Cheques are subject to realisation?

cheques are sent for collection to the issuers bank and after if they clear the cheque the amount is realised and hence it is called subject to realisation.


What do you mean by realisation?

Realisation


What is subject to?

cheques are sent for collection to the issuers bank and after if they clear the cheque the amount is realised and hence it is called subject to realisation.


Why does a Buddhist meditate?

For GOD realisation


What actors and actresses appeared in Eti..... Realisation Begins - 2008?

The cast of Eti..... Realisation Begins - 2008 includes: Gaurav Chatterjee


Where did Guru Nanak get his ideas about god from?

self realisation


What is the medical term for realizing?

Realisation is not a medical word.


What does realisation from contributions mean?

how much effort you but into your work.


How do you apply for bank realisation certificate?

We can apply the bank realisation certificate once we received the foreign currrency realisation against the invoice. While appliing the certificate we have to fill the all details such as the commodity exported, the fob value of the invoice, the commission and freight value against the shipment and submit to the bank for attestation.


How can you get premium receipt of LIC policy?

You can get premium receipt against payment made both online and over counter.When payment of premia is made by cheque, the premium receipt inscribes the clause '...subject to realisation of cheque.'


What has the author Bryan Carsberg written?

Bryan Carsberg has written: 'The reporting of profits and the concept of realisation' -- subject(s): Accounting 'Competition regulation the British way' -- subject(s): Competition, Trade regulation 'Reflections on the regulation of privatised companies' 'An international comparison of inflation accounting standards' -- subject(s): Accounting and price fluctuations


What is important to Scrooge before and after?

Before life realisation it was money and business and after it was people