One could measure voltage and current with an a.c.ammetter. Then you'll get an average voltage named "rms" [root mean square].
Actually the alternative instant current [a.c.] value changes all the time very fast in a cyclic way.
From maxim to maxim [peak to peak] values the time is very short T=1/60=0.0167 sec[16.7 millisecond] or 1/50=0.02 sec.
An oscilloscope can measure that[See the link] and we can represent the measurement results on a paper so we get a sinusoidal wave.
https://en.wikipedia.org/wiki/Oscilloscope
If the voltage is applied on a [pure] resistance a current will pass through the resistance and the current wave will be the same as the voltage wave only at a different scale.
Not the same phenomenon occurs if instead of a resistance we have a coil that means an inductive reactance: the current wave will lag the voltage wave with 0.0041 sec[90o or π/2 radians].
If instead of resistance we have a capacitor the current will lead the voltage by 90o.
One may represent this wave on a circle and since α=ω.t changes with t always we may think the circle rotates with ω radians/sec. Let's sit on the circle plane [in the same way we stand on the rotated Earth and we think the Earth is fixed and does not rotate].Then v(t)=√2.Vrms. Let's represent -for our convenience- on a scale 1/√2.Then v(t)=Vrms=V.
The line representing the voltage or current in the above circle we call it phasor [and some time vector].
We may use for V the angle 0 since V.cos(o)=V.
If i(t) angle will be φ<>o then the actual part of the current will be I*cos(φ) and in case of pure resistance
when φ=0 i(t)=I.
I.sin(φ) it does not represent a real part of the current but a "parasite" one.
If we use the factor j=√-1 -which does not exist actually-we may assemble an imaginary expression j.sin(φ)
So we can consider y ordinate as imaginary one while abscissa x as the real [as voltage ].
i(φ)=I.cos(φ)+j.I.sin(φ)
If φ=0 i(φ)=I
If φ=-90o i(φ)=-j.I.sin(φ)
If φ=+90o i(φ)=+j.I.sin(φ)
If we multiply I^2 by R we get an actual power which we can measured with a wattmeter.
If we divide V by XL=2.π.f.L where f=supply system frequency and L the circuit inductance, or XC=1/(2.π.f.C) we get the current [IL or IC].But IL^2.XL [or IC^2.XC] it cannot be measured on a wattmeter. It is not a real power but a "reactive power".
If we combine a resistance and an inductance or capacitor we get a mixed current where tangent(φ)=XL/R [or XC/R].