Analytical Table

Unrecouped
Royalties Amount
Minimum Shortworkin Shortworkin Shortworking
Year Output @ Rs. Paid to
Rent g g Recouped tr to P.&L.
0.50 Landlord
a/c
2012-13 2000 1000 10000 9000 ------ 10000 ------
2013-14 12000 6000 10000 4000 ------- 10000 9000
2014-15 24000 12000 10000 -------- 2000 10000 2000
2015-16 30000 15000 10000 -------- ------- 15000 ---------

Journal Entries

Date Particulars L.F. Amounts Amounts

2013 Royalties a/c Dr. 1000
Mar.31 Shortworking a/c Dr. 9000
To Landlord a/c 10000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 10000
To Bank a/c 10000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 1000
To Royalties a/c 1000
(Being the amount of Royalty is transfer to P.& L. a/c)
2014 Royalties a/c Dr. 6000
Mar.31 Shortworking a/c Dr. 4000
To Landlord a/c 10000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 10000
To Bank a/c 10000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 15000
To Shortworking a/c 9000
To Royalties a/c 6000
(Being the amount of unrecoupedshortworking and Royalty is
transfer to P.& L. a/c)
2015 Royalties a/c Dr. 12000
Mar.31 To Landlord a/c 12000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 12000
To Shortworking a/c 2000
To Bank a/c 10000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 14000
To Shortworking a/c 2000
To Royalties a/c 12000
(Being the amount of unrecoupedshortworking and Royalty is
transfer to P.& L. a/c)
2016 Royalties a/c Dr. 15000
Mar.31 To Landlord a/c 15000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 15000
To Bank a/c 15000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 15000
To Royalties a/c 15000
(Being the amount of Royalty is transfer to P.& L. a/c)

Analytical Table

Unrecouped
Royalties Amount
Minimum Shortworkin Shortworkin Shortworking
Year Output @ Rs. Paid to
Rent g g Recouped tr to SW
0.50 Landlord
Reserve a/c
I Year 6000 3000 4000 1000 4000
II Year 9000 4500 4000 500 4000 500
III Year 5000 2500 4000 1500 4000
IV Year 10000 5000 4000 1000 4000 500
V Year 8000 4000 4000 4000
 Journal Entries

Date Particulars L.F. Amounts Amounts

I year Royalties a/c Dr. 3000
Mar.31 Shortworking a/c Dr. 1000
To Landlord a/c 4000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 4000
To Bank a/c 4000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 1000
To Shortworking Reserve a/c 1000
(Being the amount of Royalty is transfer to P.& L. a/c)
Mar.31 P.&.L a/c Dr. 3000
To Royalties a/c 4000
(Being the amount of Royalty is transfer to P.& L. a/c)
II Year Royalties a/c Dr. 4500
Mar.31 To Landlord a/c 4500
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 4500
To Shortworking a/c 500
To Bank a/c 4000
(Being the amount of Royalty is paid)
Mar.31 Shortworking Reserve a/c Dr. 500
To P.&.L a/c 500
(Being the amount of recouped sw is transfer to P.& L. a/c)
Mar.31 P.&.L a/c Dr. 4500
To Royalties a/c 4500
(Being the amount of Royalty is transfer to P.& L. a/c)
III Year Royalties a/c Dr. 2500
Mar.31 Shortworking a/c Dr. 1500
To Landlord a/c 4000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 4000
To Bank a/c 4000
(Being the amount of Royalty is paid)
Mar.31 P.&.L a/c Dr. 4000
To Shortworking Reserve a/c 1500
To Royalties a/c 2500
(Being the amount of unrecoupedshortworking and Royalty is
transfer to P.& L. a/c)
IV Year Royalties a/c Dr. 5000
Mar.31 To Landlord a/c 5000
(Being Royalties earned is due)
Mar.31 Landlord a/c Dr. 5000
To Shortworking a/c 1000
To Bank a/c 4000
(Being the amount of Royalty is paid)
Mar.31 Shortworking Reserve a/c Dr. 1000
 To P.&L. a/c 1000
(Being amount of SW recouped is tr. To P.&L.a/c
Mar.31 P.&.L a/c Dr. 5000
To Royalties a/c 5000
(Being the amount of Royalty is transfer to P.& L. a/c)
Mar.31 Shortworking Reserve a/c Dr. 1000
To P.&L. a/c 1000
(Being amount of SW unrecouped is tr. To P.&L.a/c