If the Royal Family is part and parcel with the government and political system, then it turns out to be important. Imagine if the British Royal Family was no longer the Monarchy of the UK, then all 16 common wealth countries would no longer be part of the common wealth, because a new UK government would more or less take over the running of the UK and all 16 common wealth nations would have to reorganize their governmental systems too.
No royalty is not an current assets.
Current asset
Current asset.
Current Asset
Current Asset
non-current assets.
Current asset
Current asset.
Current Asset
non current asset
Current Asset
non-current assets.
non current
it is a expense
is closing inventory a current or non current asset
expense owing is a current asset
Working capitol is the difference between net asset and current asset.
A fixed asset.