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What is the correct treatment for an abnormal gain at the end of the year in process costing
Carried forward as a credit balance in the abnormal gain account
Written off as a credit to the statement of profit or loss
Written off as a debit to the statement of profit or loss
Carried forward as a debit balance in the abnormal gain account
Please help me with solving this question in the books its number 2 correct but my sir says its no. 3 correct please help me
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