Difference between realised and unrealised gain?

Question

Accepted Answer

Realised gain is the profit made from selling an asset, while unrealised gain is the increase in value of an asset that has not been sold.

Realised gain is the actual profit made from selling an asset, while unrealised gain is the increase in value of an asset that has not been sold
Realised gain is recorded in the income statement, while unrealised gain is not recorded until the asset is sold
Realised gain is a cash inflow, while unrealised gain is not
Example of realised gain: selling shares at a higher price than the purchase price, while an example of unrealised gain is the increase in value of shares that have not been sold
Realised gain is taxable, while unrealised gain is not

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