Balance of abnormal gain a/c is transferred to ________.

A. balance sheet

B. debit side of profit and loss a/c

C. credit side of profit and loss a/c

D. costing profit and loss a/c

Answer: Option D

Solution(By Examveda Team)

Balance of abnormal gain a/c is transferred to costing profit and loss a/c. Abnormal loss is transferred to the costing P&L.