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Trading & Profit or Loss Account

Abnormal loss...

Question

Abnormal loss credited to Consignment A / c = ?

A

5,000

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B

5,150

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C

6,150`

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D

7,150

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Solution

The correct option is B 5,150
Option B is correct one.
Cost of 10 sets damaged =50010=5000
then Forwarding exp =1500/10010=150
Total value of Abnormal loss =5000+150=5150.

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