What Is Abnormal Loss?

1.	What Is Abnormal Loss?
Answer» ABNORMAL loss means that loss which is CAUSED by unexpected or abnormal CONDITIONS such as accidents, machine breakdown, substandard material etc. From the accounting POINT of VIEW we can say that abnormal loss is that loss which occured over and above normal loss. Abnormal loss means that loss which is caused by unexpected or abnormal conditions such as accidents, machine breakdown, substandard material etc. From the accounting point of view we can say that abnormal loss is that loss which occured over and above normal loss.

Answer»

ABNORMAL loss means that loss which is CAUSED by unexpected or abnormal CONDITIONS such as accidents, machine breakdown, substandard material etc. From the accounting POINT of VIEW we can say that abnormal loss is that loss which occured over and above normal loss.

Abnormal loss means that loss which is caused by unexpected or abnormal conditions such as accidents, machine breakdown, substandard material etc. From the accounting point of view we can say that abnormal loss is that loss which occured over and above normal loss.

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