Question

Shortworking Dr and short working recouped formula

Answer 1

Answer:

Short-working = Minimum Rent – Actual Royalty. or, Minimum Rent = Actual Royalty + Short-working. However, in the case of landlord, the amount of Minimum Rent is equal to Actual Royalty Receivable plus the short-workings, i.e., Minimum Rent— Actual Royalty Receivable + Short-working.

Explanation:

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