1. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.

1 Answers   Accounting,

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what is holding cost

2 Answers   bscpl,

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what is representative personal accounts?? explain with examples...

11 Answers   Capital IQ, TATA,

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Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

0 Answers   ABC, Wipro,

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where does petty cash to cash entry go in tally

1 Answers   ABC,

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Could you tell someting Use's of Trial Balance and where we get the details.

3 Answers   Genpact, MNC,

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What is step by step procedure to file e-tds quarterly teturn ?

0 Answers  

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What id The Differed Tax Liablity

2 Answers  

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what is abnormal loss???

3 Answers  

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Define partitioning in accounting?

0 Answers  

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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

0 Answers  

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if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

0 Answers  

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