Accountancy, asked by Anonymous, 3 months ago

what is royalty account???​ in breif

Answers

Answered by Samiksha1125
8

Answer:

Royalty is payable by a user to the owner of the property or something on which an owner has some special rights. ... Payment made by the lessee on account of a royalty is normal business expenditure and will be debited to the Royalty account.

Answered by ananyashyam75
1
Royalty is not easy to have
So be happy with your self
And love yourself there might be some hard times in life but learn to accept it and appreciate what we have

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