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Q: What is royalty payable?
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What is the difference between rent and royalty?

Rent is the consideration payable for the use of tangible assets i.e. Building and machinery etc. Royalty is the consideration payable for the use of special right in a tangible or intangible asset.


WHAT IS etd payable?

ETD payable = Employer Tax Deductions Payable


Can you make a sentence with the word commoners?

The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.The royalty had complete disdain for the commoners.


Difference between account payable and bills payable?

Accounts Payable releted to Creditors and Bills payable releted to bank.


How are a schedule of accounts payable prepared?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe". ALL payable accounts are liabilities no matter what they are for. Whether it is a bill payable, mortgage payable, note payable, wages payable, etc, they are all listed as a liability. Rahul


Is salaries payable a liability?

Salaries payable is liability payable in future time period.


Journal entry to record the conversion of an 250 accounts payable to a notes payable?

debit accounts payable 250credit notes payable 250


Is payable debit or credit?

payable is credit


What are the procedures account payable?

acoounting payable


Who is responsible for posting authorized credits to accounts payable?

Accounts Payable clerk


What is the symbol for royalty in another language?

royalty


What word translates latin for royalty?

royalty