Answer-The abnormal loss is debited to following accounts:

In consignment accounting, losses are classified as Normal Loss Not recorded separately Abnormal Loss Loss beyond normal expectations e.g., accident, theft, fire Abnormal loss must be recorded separately, and its effect is ultimately transferred to the General Profit and Loss Account. Why not the other options Consignment Ac used to record normal consignment expenses, not abnormal loss. Consignee not responsible for abnormal loss unless negligent. Insurance Company if a claim is admitted, the insurance proceeds reduce the loss but are not debited for the loss itself.