Royalty is an income to lessee Sol:

Related MCQs

• If the royalty is less than minimum rent , the balance of royalty account at the end of the year has to be transfer to Sol:
• Royalty is an ………………….to lessee
• What is Royalty? Sol:
• Mining Royalty is based on Sol:
• Patent Royalty is based on Sol:
• Copyright royalty is based on Sol:
• Short working = …………………- Royalty Payable Sol:
• Royalty is a revenue expenditure to lessor Sol:
• Royalty Account is …… Sol:
• When the royalty are less than the minimum rent ? Sol: