Saved Bookmarks
| 1. |
When losses are incurred in the normal course they borne by |
|
Answer» Answer: A normal loss means a loss which is inherent in nature and cannot be avoided. It USUALLY arises due to NATURAL causes such as evaporation, leakage, breakage, etc. We consider it while VALUING the CLOSING STOCK by deducting the quantity of loss from the total quantity. Hope it helps yah!! |
|