In case f recoupment of shortworking, the lessee:
A) Debits Shortworking Account
B) Credit Profit and loss account
C) Credit short working Account
D) None of the above
Correct Answer:
Verified
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
Q15: In the books of Lessee , short
Q16: If the royalty is less than minimum
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
Q21: Dead rent is also called …………
A)Outstanding rent
B)Minimum
Q22: The objectives od fixing dead rent is
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