अधिकार-शिल्क खातों (रॉयल्टी अकाउंट्स) में, न्यूनतम किराये (मिनिमम रेंट) को इस नाम से भी जाना जाता है:

Arrange the following accounting entries in the books of a lessor in their correct chronological order for a financial period where the actual royalty is less than the minimum rent: A. Transferring the royalty income to the Profit & Loss account at the end of the year. B. Recording the royalty receivable and royalty reserve due from the lessee by debiting the Lessee's account. C. Recording the final receipt of cash or bank payment from the lessee to settle their account balance. Choose the correct answer from the options given below:

Arrange the following stages of the sequential accounting cycle in the lessee's books in their correct chronological order for a financial year where the actual royalty is less than the minimum rent: A. Recording the amount due for royalty and short working by crediting the Lessor's account. B. Executing the payment to the lessor by debiting the Lessor's account and crediting the Cash or Bank account. C. Closing the Royalty account by transferring the balance to the Profit & Loss account at the end of the period. Choose the correct answer from the options given below: