Shortworking is Excess of Minimum Rent over Actual Production Sol:

Related MCQs

• minimum rent is also term as dead rent Sol:
• Royalty is Rs 64,000, Minimum rent Rs 80,000. Strike is for 3 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• Royalty is Rs 44,000, Minimum rent Rs 50,000. Strike is for 2 months with no work done, Minimum rent to be reduced in proportion of time, find the amount paid to Landlord.
• Excess of minimum rent over royalty is known as
• In case f recoupment of shortworking, the lessee: Sol:
• Shortworking means…… Sol:
• Shortworking can be recouped only out of ……………….. Sol:
• Shortworking not recouped is debited to P/L Account Sol:
• Recoupment of shortworking can be restricted or unrestricted Sol:
• What is minimum Rent? Sol: