Question

What are abnormal gains and abnormal losses?

Answer 1

In case losses or misfortunes are more prominent than anticipated, it is an additional misfortune or abnormal loss. In case losses are not exactly expected, the thing that matters is known as abnormal gain or abnormal addition. Abnormal gain and abnormal loss units are valued at a similar expense as units of good yield; they are valued at the full cost per unit.

Also read: Abnormal Loss