Accountancy, asked by mathewvaidyan7607, 10 months ago

How is normal loss treated in consignment account?

Answers

Answered by asubhampatro2004
1

Answer:

Normal Loss:

The treatment of normal loss is to charge it to consignment account. The total cost of goods sent is charged to the units remaining. Value of stock is inflated to cover the normal loss. In other words such loss is absorbed by the remaining units.

Answered by chinnisrija189
0

Explanation:

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