Question
Abnormal Gain is shown on the …….side of the Process
A/c and the ………… side of Abnormal Gain A/cSolution
Abnormal Gain i. If Actual Loss < Normal Loss : the difference is abnormal gain ii. Abnormal Gain is shown on the debit side of the Process A/c and the credit side of Abnormal Gain A/c iii. Transferred to Costing Profit & Loss A/c
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