x Ltd takes a ime on lease for the year 4 paying a minimum rent of 10000 per annum totality payable is 0.05 tonne of coal raised there is a providing that if the minimum rent paid any area exceed the royaltiy for the year the amount of the excess may be recube by the royaltiy payable in the following area only the coal is raised as follow provide necessary journal entries and to leadger account in the book of x Ltd for 4 year
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