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Analysing Comparative Statement of Profit and Loss

Abnormal loss...

Question

Abnormal loss debited to General Profit & Loss A / c = ?

A

5,150

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B

4,000

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C

1,150

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D

2,150

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Solution

The correct option is A 1,150
Option C is correct one.
10 sets 100(600-500)=1000
1500/10010=150
the Abnormal loss debited to General Profit & loss a/c =1150

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