every year.
Illustration 21
On April 1, 2015 A Brick Co. acquired a lease for 15 years from Sunder Lal on lease for taking oil soil.
Terms of the lease are: (i) Annual rate of Royalty is 5 Paise per 100 cubic feet of soil taken out. (ii) Minimum
Rent per year is 1,200. (iii) On 1st April, 2015 company gave 3,000 to Sunder Lal for nazrana.
(iv) Short-workings can be recouped in future out of excess royalty during the first four years of the lease
only. (v) Annual royalty is paid every year on 31st March, Brick-making company extracted soil in the
following manner:
Years
2015-16 2016-17 2017-18 2018-19
Soil in Cubic feet
20,00,000 30,00,000 18,00,000 28,00,000
Open Nazrana Account, Royalties Account and Short-workings Account in the books of Brick-making
Company
Solution 21
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Answered by
1
Answer:
Name the following.
1. A method that can be accessed by anyone
2. A place where program's execution begins
3. The smallest element of a program that is meaningful to the compiler
4. A collection of similar objects
5. Java development environment
1. A method that can be accessed by anyone
➜ class or object.
2. A place where program's execution begins
➜ main function.
3. The smallest element of a program that is meaningful to the compiler
➜ token.
4. A collection of similar objects
➜ class.
5. Java development environment
➜ programming language.
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