Accountancy, asked by kaurramghria, 7 months ago

income is realized when

Answers

Answered by mangalasingh00978
7

Answer:

Realized income includes income that you've actually earned and received. Wages and salary income that you earn is included in realized income, as are interest and dividend payments from your investment portfolio. ... However, that doesn't become realized income until you actually sell the stock.

Answered by vedantdangi9
1

Answer:

The money coming in hands is greater than the money soent . i.e

if money coming in hands is ₹200 and expenditure is ₹300 then there is no income

if money coming in hand is ₹200 and expenditure is₹100 then j

there is income of 100 rupees .

after this answer I will level up . thanks .

JAI HIND !

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