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colliery worked coal under a lease which provided for the payment of royalties at Rs 5 per tonne with a minimum rent of Rs 1,70,000 per annum. Each year’s excess of minimum rent over the actual royalties was recoverable during the subsequent three years. Related: #1 Royalty Accounts - Concept - Financial Accounting -~ B.COM? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about colliery worked coal under a lease which provided for the payment of royalties at Rs 5 per tonne with a minimum rent of Rs 1,70,000 per annum. Each year’s excess of minimum rent over the actual royalties was recoverable during the subsequent three years. Related: #1 Royalty Accounts - Concept - Financial Accounting -~ B.COM? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for colliery worked coal under a lease which provided for the payment of royalties at Rs 5 per tonne with a minimum rent of Rs 1,70,000 per annum. Each year’s excess of minimum rent over the actual royalties was recoverable during the subsequent three years. Related: #1 Royalty Accounts - Concept - Financial Accounting -~ B.COM?.

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