write general in the book of lessee when royalty is less then minimum rent
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Answer:
Difference of minimum rent and actual royalty is known as shortworkings where payment of Royalty is payable on the basis of minimum rent due to shortage in the production or sale. For example, if calculated royalty is Rs.
Explanation:
Hope its helpful.
Answered by
3
Answer:
Difference of minimum rent and actual royalty is known as shortworkings where payment of Royalty is payable on the basis of minimum rent due to shortage in the production or sale. For example, if calculated royalty is Rs.
Explanation:
Hope it helps.✌️
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