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Value of normal loss is charged to ________.

A. other good product

B. trading a/c

C. profit and loss a/c

D. costing profit and loss a/c

Answer: Option A

Solution(By Examveda Team)

Value of normal loss is charged to other good product. The value of normal loss is assessed on the basis of the production cost with which the profit and loss account is charged.

This Question Belongs to Commerce >> Costing

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