Accountancy, asked by firozabawadia22, 6 days ago

Abnormal loss is charged to

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Answered by hulumgola10

Answer:

Abnormal loss (a cost) is credited to the process account: abnormal gain (a benefit) is debited to the process account. The equal and opposite entry is in the abnormal loss/gain account, subsequently transferred to the income statement.

Answered by Anonymous

Answer:

please support the above answer

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