Accountancy, asked by hiteshleo6613, 8 months ago

What do you understand by royalty? Distinguish between royalty and rent?

Answers

Answered by njitdhillon10

Explanation:

The term Royalty refers to the payment made for exclusive use for both tangible and intangible assets whereas Rent refers to the payment made towards use of tangible assets only. The payment of Royalty is made on the basis of output or sale, whereas Rent is paid for a specific period.

plzz follow me

Answered by thanushreereddy15

Explanation:

The payment of royality is made on the basis of output or sale where's rent is paid for a specific period

pls follow me

Previous Question

Next Question

Similar questions

Math, 4 months ago

(tan theta/sec theta-1)+(tan theta/sec theta+1)...

English, 4 months ago

Agreement of Tense Main and subordinate clauses Fill in the blanks with an appropriate verb form. 1. I will lend it to you on condition that you ……………………… it back tomorrow. bring will bring would bring 2. It will be interesting to see whether he …………………………… it or not. completes will complete would complete 3. I will call you when I ……………………….. have finished will have finished...