a) Ramu took a lease of mine for a period of 20 years, Royalty payable is Re. per
tone subject to a minimum rent of Rs.12,000 per annum. The short workings
are recoupable during the first three years of the lease. The output was:
1990 – Nil 1991 – 4,000 tonnes 1992 – 20,000 tonnes 1993 – 40,000 tonnes
Give short workings account and land lord’s account in the books of ramu.
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