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Current cost and realization cost
Accountancy
what is the difference between current cost and realization cost?
Answers (2)
Current cost is Market value and realisation cost is in it's name realisable value of an asset. Current market cost doesn't include commission, fee, charges, brokerage,if any, and taxes for sale or liquidation of asset But realisation cost includes all of the above That's what the main difference between those both.
