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1st Jan. 2007, Avinash obtained from Boregowda a lease of land having limestones, the terms being a royalty of 2 per ton of limestone raised

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1st Jan. 2007, Avinash obtained from Boregowda a lease of land having limestones, the terms being a royalty of 2 per ton of limestone raised subject to minimum rent of 10,000 p.a. with a right to recoup short workings over the first four years of the lease. From the following details prepare : 1st Jan. 2007, Avinash obtained from Boregowda a lease of land having limestones, the terms being a royalty of 2 per ton of limestone raised subject to minimum rent of 10,000 p.a. with a right to recoup short workings over the first four years of the lease. From the following details prepare

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