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Answer Posted / yogendra.c
Simple Example to understand Normal & Abnormal Loss:
Normal Loss:
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small amount of milk vested when you opened a packet of milk & pouring to vessel or container
Abnormal Loss:
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Loss of milk, when you forget to keep the milk for 1 or moreday in fridge because of your carelessness.
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My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
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