AdminHelpdice Team30 May, 2024When the royalty are less than the minimum rent ?Royalties account is debited with the actual amount of royalties earnedRoyalties account is debited with minimum rentRoyalties account is debited with the amount paid to landlordRoyalties account is debited with the excess of minimum rent over actual rentCheck AnswerRelated MCQ's When there is no Goodwill Account in the books and goodwill is raised,................account will be debited...5 hour agoFixed payment made for the used of an assets is called Financial Lease...5 hour agoRoyalty is an income to lessee...5 hour agoRoyalty is an ......................to lessee...5 hour agoLessee is the...............5 hour agoThe monetary value of reputation of business is called...5 hour agoA unique name of symbol or design given to a product or service for easy identificationand distinguishing it from t...5 hour agoThis is the feature of Intangible assets...5 hour agoFollowing are forms of Intangible assets....5 hour agoBreak-even indicates...5 hour ago
