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What is the definition of a sundry debtor?
Sundry debtors means the debtor to whom goods are sold on credit for various reason not merely goods sell on credit.
What is the Classification of sundry debtor in balance sheet?
Sundry debtor is someone who has debt to be paid to goods sold. Goods sold could also be services rendered.
What is the difference between a sundry debtor and a sundry creditor account?
sundry debtor is whom they baught goods on credit basis
What is mean by sundry debtor and sundry creditor?
Sundry Debtor is a person who bought goods or received service from us (Customer) Sundry Creditor is a person whom we received the goods are service (Our Vendor)
What sentence do these jumbled letters form doogretunrs?
Good returns or Return goods or Goods return
In tally who is a debtor?
A Debtor is a Custor in Tally , to whom we sell goods on credit and amount due at the time of sell. We open a ledger of the customer under sundry debtors.
What is the definition of sundry debtors and sundry creditors?
The person to whom you have sold goods.(Consumer is the debtor.)
When does a debtors account have a credit balance?
goods in transit a debtor(customer) could also be a supplier(creditor)
You must either pay the bill at one or return the goods Could anyone change the sentence to simple?
You have two options: either pay the bill or return the goods.
What is return inwards?
a customer may return goods to the business. these goods are known as sales return or return inward.
What is returns outward?
some times goods which have been purchased have to be returned to the supplier. they may be faulty, damaged or not what was ordered. these goods are known as purchase return or return outwards.
What is the definition for sundry debtor?
SUNDRY - Miscellaneous small or infrequent customers that are not assigned individual ledger accounts but are classified as a group.SUNDRY CREDITORS - refers to companies or individuals to which money is owed.SUNDRY DEBTOR - is an entity from who amounts are due for goods sold or services rendered or in respect of contractual obligations. Also termed: debtor, trade debtor, and account receivable.
