Normal Losses – amount of loss which can’t be avoided because of the nature of material or process. This loss is expected under normal conditions. Example – unavoidable spoiled quantities and the cost of it is to be absorbed by good production. Normal Loss is generally determined as a % of Input If Normal Loss is physically present in the form of scrap, it may have some value and will be credited to Process A/c.
Who emphasized that "foreign medium has turned our children into crammers and imitators and has made our children practically foreigners in their own la...
Which of the following is the largest wildlife sanctuary in India?
What is the maximum limit of starred questions that can be asked in the Lok Sabha on any given day?
Who was the first Governor of Madhya Pradesh?
Which country is the largest milk producer in the world?
Financial regulation refers to policy making and financial supervision is continuous monitoring of the performance
Recently Indian navy decommissioned two of its warships. One is INS Nirbhik, another is:
Who was the first Indian woman governor?
Which of the following is not correct about ARR method?
Arrange the formation of the following Indian states in chronological order:
- I. Haryana
- II. Telangana
- III. Jharkhand
- IV. Goa