Answer Posted / ajay kumar
Those losses which is incurred in business by not natural
causes.such type of loss incurred by misbehaviour or
careless activity by any person in business is known is
abnormal loss.
such as :-A transport businesman transit the
petrolium.due to smoking of transport driver all van
distroyed.this is abnormal loss. but when the upload in
tank 500ltr. at source bt destination only 450 and not any
event in midway .that is normal loss.
| Is This Answer Correct ? | 6 Yes | 2 No |
Post New Answer View All Answers
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
Please help me with the accounts head for the below ledgers for e.g. for Salary A\c - Indirect Expenses is the account head in tally. what is the account head for below ledgers. Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary A/c Dr. xxx To EPF Payable (employees' contribution only) xx To ESI Payable (employees' contribution only) xx To PT Payable (deducted from employees only) xx To TDS Payable (if deducted from employees' only) xx To Salary Payable (net amount only) xxx Salary Payable A/c Dr. xxx To Cash / Bank A/c xxx
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
What are the 5 basic accounting principles?
How can I put Bank Guarantee Receipt entry in Tally ERP9?
What is quality discount?????//// pls mail ur answers at my e - mail ID : kamalsodhi24@gmail.com
List out things that fall under intangible asset?
how to individual capital account.
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
What are the functions of manger -accounts and manager-finance? Explain in detail
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
As you know any other accounting application?
A COMPANY IS SERVICE PROVIDE TO B CO. 100,000 AND CHARGED STAX 10000 TOTAL BILL RAISED 110000 AND RECIEVED 30% FROM B IN DECEMBER AND 40% RECIEVED IN 10JAN2011, BALANCE 40% RECD IN 10 FEB2011 WHAT WILL BE GENERATED ACCORDING ACCOUNTING PRENCIPLE OF BOTH SIDE (MEAN A &B) WITH REVANUE& PROVISION PLEASE TELL ME
whats difference between manufacturing account & cost account
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u