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• 10:28, 19 March 2023 Lukegao1 talk contribs created page How to Account for Royalty Payments (创建页面，内容为“Royalty payments are payments made to a person or company for the use of intellectual property, such as patents, copyrights, trademarks, and licenses. These payments are typically made as a percentage of sales or revenue, and they are an important component of many businesses' financial statements. Here's how to account for royalty payments: 1. Determine the royalty rate: The royalty rate is the percentage of revenue or sales that will be paid to the owner of…”)