Accountancy, asked by singhilokesh698, 4 months ago

which type of account is demurrage





Answers

Answered by Anonymous
12

Demurrage and penalties are abnormal cost and are not part of the material cost. It is charged to Profit & Loss Account

Answered by PRIME11111
4

Answer:

Demurrage and penalties are abnormal cost and are not part of the material cost. It is charged to Profit & Loss Account.

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