Gokul Mines Company took a lease from a landlord for a period of 10 years from 1" Apri, 2010 on a royalty of 5 per ton of coal raised with a dead rent of 20,000 and power to recoup shortworking during the first four years of the lease. The annual output was as follows: Year 2010-11 2011-12 2012-13 2013-14 2014-15 Output (Tons) 2,000 3,000 4,000 4,500 5,000 . Prepare anyone:-
(a) Dead Rent Account
(b) Royalties Account
(c) Shortworking Account and
(d) Landlord Account in the books of Gokul Mines Company.
(Hello everyone how are you all doing anyone be my friend? )
(Nisha u online if yes then how are you?)
(a) Dead Rent Account
(b) Royalties Account
(c) Shortworking Account and
(d) Landlord Account in the books of Gokul Mines Company.
(Hello everyone how are you all doing anyone be my friend? )
(Nisha u online if yes then how are you?)
Answers & Comments
Verified answer
Answer:
Gokul Mines Company took a lease from a landlord for a period of 10 years from 1" Apri, 2010 on a royalty of 5 per ton of coal raised with a dead rent of 20,000 and power to recoup shortworking during the first four years of the lease. The annual output was as follows
Explanation:
Gokul Mines Company took a lease from a landlord for a period of 10 years from 1" Apri, 2010 on a royalty of 5 per ton of coal raised with a dead rent of 20,000 and power to recoup shortworking during the first four years of the lease. The annual output was as follows: Year 2010-11 2011-12 2012-13 2013-14 2014-15 Output (Tons) 2,000 3,000 4,000 4,500 5,000 . Prepare anyone:-
(a) Dead Rent Account
(b) Royalties Account
(c) Shortworking Account and
(d) Landlord Account in the books of Gokul Mines Company.
girl
full name yashoda..:,yashu..