Which of the following statement is false?
A) Recoupable short working is a current assets
B) Lapsed short working is a real account
C) Short working is the part of minimum rent not represent by the use of right
D) Both A and B
Correct Answer:
Verified
Q8: minimum rent is also term as dead
Q9: Royalty Account is ……
A)Nominal account
B)Real account
C)Personal Account
D)None
Q10: Short working is ………….
A)Excess of minimum rent
Q11: Surplus is…………….
A)Excess of minimum rent over the
Q12: When the royalty are less than the
Q14: Which of the following statement is false
A)If
Q15: In the books of Lessee , short
Q16: If the royalty is less than minimum
Q17: In case f recoupment of shortworking, the
Q18: Shortworking means……
A)Excess of Minimum rent over royalty
B)Excess
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