On 1.1.2010, Sudarshan Sinha obtained a mining lease and from that date he sub-leased a part of the mine to Sujit Saha. Show ledger accounts in the books of Sudarshan Sinha from the following data : Year Lease (tons) Sub-lease (tons) 2010 1,500 1,000 2011 4,000 4,500 2012 18,000 10,000 2013 15,000 (strike) 3,000 2014 8,000 15,000 Royalty per ton ~ 3.00 ~ 4.00 Minimum rent p.a. ~ 35.000 ~ 25,000 Shortworkings recoverable in following 3 years 2 years In the event of a strike and the minimum rental not being reached, the lease provided that the actual royalties earned for the year discharged all rental obligations for the year.

On 1.1.2010, Sudarshan Sinha obtained a mining lease and from that date he sub-leased a part of the mine to Sujit aha. Show ledger accounts in the books of Sudarshan Sinha from the following data: Year Lease (tons) Sub-lease (tons) 2010 2011 2012 2013 2014 Royalty per ton Minimum rent p.a. Shortworkings recoverable in 1,500 4,000 18,000 15,000 8,000 ~ 3.00 ~ 35.000 3 years 1,000 4,500 10,000 (strike) 3,000 15,000 ~ 4.00 - 25,000 2 years following In the event of a strike and the minimum rental not being reached, the lease provided that the actual royalties earned for the year discharged all rental obligations for the year.