91+ pages questions and answers on royalty account 2.8mb. BCOM 1st Year Royalties Accounts Long Question Answer Study Material Notes. Royalties account is debited with the excess of. The variations of time can be per day or week as well as per year. Read also answers and learn more manual guide in questions and answers on royalty account Multiple Choice Questions and Answers For BCom CMA CS CA BBA and MBA.
Royalties account is debited with the minimum rent. 17 of the Banking Regulation Act every bank has to transfer of profit to statutory reserve fund account.
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