Janata Textile Corporation (B)

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Abstract

Gives additional information on losses to correct the accounting treatment followed in Case (A), where losses are ignored. Introduces the concepts of standard loss, abnormal loss, and abnormal gain. Excludes treatment of opening work-in-process.

Additional Information

Product Type Case
Reference No. F&A0312(B)
Title Janata Textile Corporation (B)
Pages 3
Published on Jan 1, 1977
Year of Event 1977
Authors Balakrishnan, K;
Area Finance and Accounting (F&A)
Discipline Accounting, Operations Management, Organizational Behaviour, Strategic Management
Sector Manufacturing

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