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A trade creditor is usually someone who supplies you with core products. For example if you are a builder then your trade creditors supply your building materials, fuel for you truck, tools, etc.
A sundry creditor is the company that supplies other items like the water cooler in the office, or the company that sold you the window blinds.
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What is the difference between trade receivables and creditors?
Trade receivable is that amount which is receivable from customers to whom company sold goods on credit while credits are those from whom company purchased goods on credit.
What is a difference between trade receivable and other receivable?
Trade receivables arising in normal course of business but other receivable is not.
Difference between balance of trade and balance of payment?
Balance of Trade is the accounting of goods and service imported and exported. Balance of Payments is the accounting of money owed and loaned other nations.
What is the difference between trade debtors and sundry debtors?
The difference between trade debtors and sundry debtors is trade debtors are specific debts like credit cards. Sundry debtors are a wide variety of debtors that can be from any source.
What is an example of an current liability account?
Trade Creditors Accrued expenses Prov. for annual leave Prov. for taxation Income in advance
What is the difference between trade creditors and trade debtors?
Trade creditors are suppliers who Êare allow by a Êbusiness to acquire products , and receive the payment for those products on a later date. On the other hand, trade debtors are Êpeople or organisations or are allowed to buy products from a business and make payment on a later date
What is the difference between trade receivables and creditors?
Trade receivable is that amount which is receivable from customers to whom company sold goods on credit while credits are those from whom company purchased goods on credit.
What is a difference between trade receivable and other receivable?
Trade receivables arising in normal course of business but other receivable is not.
What is trade creditors?
Trade creditors are the person's who lend for business or stock market. There are also weekly and daily loans in India.
What is the difference between Free trade and protection from trade?
the answer is banana
What is a protected tariff intened to protect?
The difference between money paid to, and received from, other nations in trade is the
What is the difference between fair trade and unfair trade products?
d
What is the difference between international trade and external trade?
International trade is trade between two or more countries, while external is a trade in another country.
What is the difference between a single trade discount and trade discount series?
What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]
Difference between international trade and local trade?
International trade is trade between people or businesses in different countries. Local trade is trade between businesses and individuals in the same local area.
Difference between bileteral trade and multilateral trade?
one is multilateral one is bilateral
What is the difference between an economic and physical trade Barrier?
A economic trade barrier has something to do with the price of goods for example a tariff, but on the other hand a physical trade barrier blocks something like an embargo or blockade.
