Posts

Showing posts with the label Royalty

Royalty

  Royalty Expenses is Direct or Indirect Expenses Royalties paid on a production basis, then the royalty is considered a direct expense and However, if the royalty is paid on a sales basis, Indirect Expenses   Journal  Entry  for Royalties paid  Royalties a/c Dr To Cash  Being Royalties paid)   This Entry Realated Video Shortly