[Solved] Surplus is……………. Sol:

McqMate

Q.	Surplus is……………. Sol:
A.	Excess of minimum rent over the actual royalty
B.	Excess of actual royalty over minimum rent
C.	Excess of actual royalty over minimum rent
D.	None of the above
Answer» B. Excess of actual royalty over minimum rent

3.4k

0

Do you find this helpful?

30

View all MCQs in

Financial Accounting

Discussion

No comments yet

Related MCQs

The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
Which of the following item will be taken in the surplus statement
Which of the following would not appear in a limited company’s surplus/Deficit statement
Surplus Of Amount In Statement Of Affairs Should Be Distributed To
What are the features of a computerized accounting system? Sol:
What is not an advantage of a computerized accounting system. Sol:
What are the types of a computerized accounting system? Sol:
What are the advantages of tailor-made software? Sol:
What are the factors to be considered while source accounting software? Sol: