3.22
istra 5.
change in minimum rent)
X owned a Patent Right to produce and sell Quick Cleaning Machines. On 1st January
2010 he granted a licence to Y to use the right on a royalty of 30 per unit produced with
dead rent of 60,000 per annum for the first two years and thereafter at 80,000 per annum
Y had power to recoup shortworkings within the first five years of the lease. The following
were the relevant particulars.
2014
2012
2013
2011
2015
2010
Year:
2500
3000
3200
3300
1800
1400
Units Produced:
Prepare Dead Rent Account, Royalty Account, Short Working Account and the Account
of X in the books of Y.
pou are
Journal Entries
Answers
Answered by
0
Answer:
change in maximum rate is3200
Explanation:
about or left
Answered by
1
Answer:
hallo...........................
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