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Abnormal loss and its value are

This question belongs to Commerce Costing
Costing
?

Abnormal loss and its value are _______.

Answer & Solution
Correct Answer: Option B
Abnormal loss and its value are credited to process a/c. Abnormal Loss both in terms of quantity and value is recorded by. Crediting Process a/c and; Debiting Abnormal Loss a/c.
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3 Comments
Maryam Chaudhri
Maryam Chaudhri 4 years ago
Option c
RAHUL KUMAR
RAHUL KUMAR 7 years ago
answer should be c
Komaraiah Jatangi
Komaraiah Jatangi 8 years ago
Answer: Option C

C. debited to costing profit and loss a/c
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