Interested to Buy Any Domain ? << Click Here >> for more details...
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
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
Tell me about an invoice discrepancy you discovered and how you resolved it
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
what is penaultimate sale
What accounts are to be debited and credited in this case o
Do you know the term account payable?
What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.
What are assets minus liabilities?
What a deferred asset is and give an example?
What is reversing journal entries?
What are the most important goals of accounts receivable?
why accounting is important in business?
Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.
Wha is difference between expenses and expenditure
Do you know what is liabilities and what all does include in current liabilities?
