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Q: What is experience gain or loss in acturial valuation?
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What is the accounting entry for GRATUITY?

Over the period, Expense debit Payable credit and when pay Payable debit Bank credit Expense should be charged on acturial asumption. and over the period, acturial gain or loss should be recorded.


What is foreign exchange gain loss?

It's a foreign exchange gain or loss, so when you exchange currencies, you can either make a gain or a loss from it (profit or loss).


How do you treat unrealized foreign exchange gain or loss?

Unrealised foreign exchange gain and loss is moved through equity while realised gain and loss is charged to profit and loss.


What is difference between abnormal loss and abnormal gain?

if the actual loss is greater than normal loss. it is known as abnormal loss but if the actual loss is less than normal loss a gain is obtained which is called abnormal gain or effectiveness


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No generally, it is not taxable until the gain/loss is recognized.


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The average celebrity weight gain is roughly 15 pounds. Although some celebrities experience dramatic weight loss once they achieve fame (for example, Nicole Richie), it is also common for celebrities to experience dramatic weight gain (for example, Kristie Alley). Taking these extremes into account, the average weight gain is only about 15 pounds.


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