In the books of Lessee , short working recovered amount is debited to
A) Profit and loss account
B) Minimum rent Account
C) Royalty Account
D) Landlord's Account
Correct Answer:
Verified
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
Q13: Which of the following statement is false?
A)Recoupable
Q14: Which of the following statement is false
A)If
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
Q19: Royalties are connected with the following types
Q20: royalty is an agreement between the following
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents