what is difference between realized and unrealised gain or
loss?

Answer Posted / vivek

Unrealized gain/loss means they are not still recorded in
your Books, means you have not posted this entries in GL,
but once you do your final payment or Receipt and post your
accounting entries to GL, it gets recorded in Realized
gain/loss account.

For More you can refer:
http://oracleapps-financials.blogspot.in/2014/05/gains-and-losses-for-accounts.html

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