Answer / lokesh

for normal loss ,The Value of the goods is same but quantity
will be less from total quantity)

And Abnormal loss The Value of the goods will be less from
total value of assests, andt quantity will be less from
total quantity.

Ex. 50 Fans @ RS. 100 Each, Total RS. 50*100=5000
Normal loss 2 Fans, than Total Cost of the Fans 48 Fans @rs.
5000, and one fan cost is 5000/48=104.16

In the Case of Abnormal Loss
Total Abnormal Loss 3 Fans
Than We have only 47 fans @rs. 100 Each Total Cost is 4700

Answer / rajesh

normal loss means losses due to unavoidable reason where as
abnormal loss can be avoided

for the calculation of normal loss units are deducted but
the amount will be same.

for abnormal loss

abnormal loss units = normal output unit - actual out put
units

Whether Depreciation to be posted in debit side or credit side?

3 Answers  

---

contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?

0 Answers   Ankur Drugs Pharma, Infosys, RR Donnelley,

---

what kind of items are posted in the income statement?

2 Answers   eClerx, Tata Motors,

---

what is cenvat

2 Answers  

---

What are all the Taxes Available in Accounts Payables

0 Answers   Accenture,

---

How can I pass the journal entry for work in progress for a construction company for every end of the period and what should be for next period? I would like to know the debit and credit should allocated where in an accounting system?

3 Answers  

---

Tell me what do we mean by purchase return in accounting?

0 Answers  

---

what is cash flow statement and fund fund flow statement

2 Answers  

---

what is mean by preliminary balance sheet and how did prepare the balance sheet what is the meaning of single entry & double entry system

1 Answers  

---

commision of rs-150 paid but charged to interest account,journal entry

4 Answers   TATA,

---

How to pass VAT retention entry on computer and Furniture

0 Answers   Athena, Blue Consulting,

---

Name three (3) equity security data points

2 Answers   Shore Infotech,

---