Royalty accounts, accounting, Basic Statistics

Ritu acquired a mine on lease from Richa for a period of 8 years at a royalty of ` 60 per tonne of coal produced subject to minimum rent of ` 1,00,000 for the first year, increasing by ` 30,000 every year till 2,80,000 per annum is reached. Short workings of any one year may be recouped out of excess workings of the following two years only. The output during the first five years was as follows :

Year ending 31st March
2006-07 2007-08 2008-09 2009-10 2010-11
Output in tonnes
600 900 2,500 3,800 5,000
Prepare accounts in the buks of lesse
Posted Date: 3/16/2012 10:25:44 AM | Location : United States







Related Discussions:- Royalty accounts, accounting, Assignment Help, Ask Question on Royalty accounts, accounting, Get Answer, Expert's Help, Royalty accounts, accounting Discussions

Write discussion on Royalty accounts, accounting
Your posts are moderated
Related Questions
what is probebility? and how to solve the sums of this?

comulativefrequencydistribution


For public health purposes, the force of mortality in a population is usually measured by means of such indices as crude death rate. Infant mortality rate, specific death rate at d

1. A sample from 16 different farms across Quebec shows that the hay production in bales per acre is normally distributed N(100,50). a. (2p )What is the probability that a random

merits and demerits of arithmetic mean

(A) Find the binomial probability P(x = 5), where n = 15 and p = 0.50. (B) Set up, without solving, the binomial probability P(x is at most 5) using probability notation. (C) H

how effect changes in prices to a financial statement?

Since you have answered the same below question on 2012, can you provide it to me as free of charge this time? if yes, please send it to me on: Question" Case 1: Decision Analysis

Management Accounting Ratio A financial ratio in management (or accounting ratio) is a relative magnitude of two types of selected numerical values taken from an enterprise''s