The correct answer is: income.
When actual loss is less than the estimated loss, the difference between the two is considered to be income. This is because the company has actually made more money than it expected to. This can happen for a number of reasons, such as if the company’s costs were lower than expected or if it sold more products than expected.
Abnormal gain is a gain that is not expected to occur on a regular basis. It is usually the result of a one-time event, such as the sale of an asset or the receipt of a large insurance payment.
Abnormal loss is a loss that is not expected to occur on a regular basis. It is usually the result of a one-time event, such as a natural disaster or a fire.
Normal loss is a loss that is expected to occur on a regular basis. It is usually the result of the normal operations of a business, such as the spoilage of goods or the obsolescence of equipment.
Income is the money that a company earns from its operations. It is calculated by subtracting the company’s expenses from its revenues.