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

do this

Cash discount A payment received, given if payment is completed within a stated age of occasion, Refer to TRADE DISCOUNT,

a) What is analysis of variance? What are the assumptions of this technique? b) Three samples below have been obtained from normal populations with equal variances. Test the hypoth

Acceptance Region A term related with the statistical signi?cance tests, which provides the set of values of a test statistic for which the null hypothesis cannot rejected. Supp

defference between historigrams & histogram

I have one task to be done on Eviews.

MEASURES OF CENTRAL TENDENCY: 1) What do you mean by the term "Statistics"? Also state the importance of statistics. 2) What is the difference between mean, median and mode

Income statement: Sosa Corporation recently reported an EBITDA of $31.3 million and $9.7 million of net income. The company has $6.8 million interest expense, and the corporate tax