Accountancy, asked by Anonymous, 1 day ago

what is royalty payble??
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Answers

Answered by rituyadav88
3

Explanation:

royalty is an amount paid by a third party to an owner of a product or patent for the use of that product or patent. The terms of royalty payments are laid out in a licensing agreement.

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Answered by Jiya0071
1

Explanation:

A royalty is an amount paid by a third party to an owner of a product or patent for the use of that product or patent. The terms of royalty payments are laid out in a licensing agreement.

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