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Abnormal loss in Cost sheet

Costing

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

Chandan Subudhi

CA Final

★ 12K+

06-Mar-20 16:01

516

Answers (2)

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

CA Suraj Lakhotia

Admin

06-Mar-20 17:14

Ohhk got it sir... thank u

Thread Starter

Chandan Subudhi

CA Final

★ 12K+

06-Mar-20 17:41

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