A

Admin • 828.70K Points
Coach

Q. Cost of abnormal gain in process costing is transferred to:

  • (A) Costing Profit and Loss Account
  • (B) Finished Goods Account
  • (C) Process Account
  • (D) Work-in-progress Account
Explanation by: Admin
Abnormal gains are credited to the costing P&L account as they are unexpected benefits.

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