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Author Question: Which of the following statement is true of costs of normal and abnormal spoilage? (Read 52 times)

09madisonrousseau09

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on: Mar 6, 2021
Which of the following statement is true of costs of normal and abnormal spoilage?
◦ Costs of normal spoilage are shown as an asset in a balance sheet; however, abnormal spoilage costs are shown as liabilities in a balance sheet.
◦ Costs of abnormal spoilage are shown as an asset in a balance sheet; however, normal spoilage costs are shown as liabilities in a balance sheet.
◦ Costs of abnormal spoilage are separately accounted for as losses of the accounting period in which they are detected.
◦ Costs of normal spoilage are separately accounted for as losses of the accounting period in which they are detected.
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by 09madisonrousseau09 on Mar 6, 2021

Kaytorgator

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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09madisonrousseau09

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review

chereeb

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Reply 3 on: Yesterday
:D TYSM

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