Accountancy, asked by jainaashika044, 2 months ago

On 1st April 2015 a coal company took coal mine on lease for 10 years on the term of paying a minimum rent of rupees 20000 per year merging into a royalty of 50 paise per tone
Year
2015-16:32000
2016-17:36000
2017-18:40000
2018-19:44000
The term of the lease provided that the dead rent not merged in royalty could be deducted out of of future royalty in excess of the minimum, provided this recovery was made in the three years following the year in which the short workings arose

Answers

Answered by vasanth00

0

Answer:

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