Question

Ans. Unrecouped S.
agreed upon as follows:
rent was
12 B Coal Co. took a mine on lease on 1st July, 2010. Its books are closed on 31st March every year. The minimum
Up to the commencement of work * 12,000 annually
After the commencement of work * 18,000 annually
The rate of royalty was 1 per ton. Short-working of any year could be recouped during the subsequent two
Prepare necessary accounts in the books of B Coal Co. for 2010-11 to 2015-16.
2012-13
15,000
The actual work commenced on 1st April, 2012 and the output was as under:
years.
Year
Production in Ton
2013-14
25,000
2014-15
20,000
2015-16
30,000
орт
Mein 2012.1359000 in 9012_1435000 and in 2011​

Answer 1

ans haUnrecouped S.

agreed upon as follows:

rent was

12 B Coal Co. took a mine on lease on 1st July, 2010. Its books are closed on 31st March every year. The minimum

Up to the commencement of work * 12,000 annually

After the commencement of work * 18,000 annually

The rate of royalty was 1 per ton. Short-working of any year could be recouped during the subsequent two

Prepare necessary accounts in the books of B Coal Co. for 2010-11 to 2015-16.

2012-13

15,000

The actual work commenced on 1st April, 2012 and the output was as under:

years.

Year

Production in Ton

2013-14

25,000

2014-15

20,000

2015-16

30,000

орт