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Side A ------ Side B
Abnormal Gain 
 ------ If anticipated normal loss is more than the 
actual loss, then the difference is termed 
as abnormal gain. It is always valued at 
cost. 
Abnormal Loss  ------ Any loss caused by unexpected or 
abnormal conditions such as machine 
breakdown, carelessness, accident, etc. 
regarded as abnormal loss. It is avoidable. 
It is always valued at cost.