IndigoLearn
Chandan Subudhi

Chandan Subudhi

CA Inter

12K+

06-Mar-20 16:01

31

Abnormal loss in Cost sheet

What is the treatment of abnormal loss in Cost Sheet ???

Answers (2)

Suraj Lakhotia

Suraj Lakhotia

Admin

06-Mar-20 17:14

Abnormal loss is not considered while arriving at cost of goods sold. It is taken separately to costing P&L

Chandan Subudhi

Chandan Subudhi

CA Inter

12K+

06-Mar-20 17:41

Ohhk got it sir... thank u