Royalty accounts, accounting, Basic Statistics

Royalty accounts, accounting, Basic Statistics

Assignment Help:

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

Related Discussions:- Royalty accounts, accounting

Accreted value definition, An assessment time frame for certain purchases a...

An assessment time frame for certain purchases and debt equipment that reviews on the stability piece only that part of their face value that shows major and interest acquired curr

What is the net book value of a noncurrent asset, What is the net book valu...

What is the net book value of a noncurrent asset? The net publication value of a noncurrent resource is the net quantity revealed on the stability piece for a long-term resourc

Angular histogram, Angular Histogram A method or technique for displayin...

Angular Histogram A method or technique for displaying the circular data, which involves the wrapping of the usual histogram around a circle. Each bar in the histogram is center

Application of statistics, Mention the characteristics of Statistics. Expla...

Mention the characteristics of Statistics. Explain any two applications of Statistics

QNT/561, STAT QUESTION

STAT QUESTION

Bugdet, 1234

1234

Amortized cost , Amortized cost The par value of its decision enhanced or ...

Amortized cost The par value of its decision enhanced or lowered by any unamortized top quality or lower price.

The impact of the shift to ifrs, How do you think the banking sector is goi...

How do you think the banking sector is going to get impacted? Manager 1: The impact of the shift to IFRS is going to be much higher in the banking sector. This impact woul

Assignment, Discuss about the scalling techniques

Discuss about the scalling techniques

Venn diagrams, how do i solve questions with venn diagrams

how do i solve questions with venn diagrams

Write Your Message!

Name

Email id

Message

Verfication Code

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd