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The good production costs will include the cost related to the process and also absorbs the normal loss. If Normal Loss is physically present in the form of scrap, it may have some value and will be credited to Process A/c. If Actual Loss > Normal Loss : the difference is abnormal loss . Abnormal Loss is not absorbed by good production, rather it is transferred to Costing Profit & Loss A/c
Under the restructured Skill India Programme, what major change has been introduced?
REC Limited secured a Green Loan of approximately __________ billion Japanese Yen for financing eligible green projects in India.
Which city has gained the top spot on the Global Liveability Index released by the Economist Intelligence Unit (EIU)?
What was the revised completion timeline for the Vizhinjam International Seaport project as per the supplementary concession agreement?
What innovative feature does the Sanraksha Mobile App offer for Indian Railways?
What is the new maximum limit of Retirement Gratuity & Death Gratuity for Central Government employees as instructed by the Department of Pension and Pe...
What initiative has the Indian Navy launched to provide healthcare access to veterans?
Who won the Grammy Award 2025 for Best Song of the Year?
The government may consider a _____ uniform digital payment facilitation fee to fund the infrastructure required for such transactions and also to ensur...