Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is abnormal loss???

Answer Posted / yogendra.c

Simple Example to understand Normal & Abnormal Loss:

Normal Loss:
------------
small amount of milk vested when you opened a packet of milk & pouring to vessel or container

Abnormal Loss:
--------------
Loss of milk, when you forget to keep the milk for 1 or moreday in fridge because of your carelessness.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is addition of Opening Balance and net profit transfered from profit and loss account called

1919


Tell me what is project implementation?

990


What is trial balance? What does an accurate trial balance suggest?

1070


Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.

2177


How is the accounting for hire purchase transactions done?

1071


Under the accrual basis of accounting, when revenues are reported in the accounting period?

961


Tell me what is public accounting?

1049


How calculate holding company account?

2091


what are the limitations of accounting conventions

2556


What is the Corporate Tax, Minimum Alternate Tax, Professional Tax, Business Tax Describe Me

2301


Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50

2084


Tell me what are things will not be included in bank reconciliation statement?

1129


formula of reduction in tax credit of vat form 201(gujarat)

4226


What is the basic accounting equation?

1025


what is "goodwill" reserve and surplus and reserve with example

2020