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Sundry creditor is a -------------- 1.current liability 2.long term liability 3.current asset. 4.fixed asset.?
Sundry creditor is current liability.
Is sundry debtor current assets?
If it is to be received in an year,then it's current asset.
If payment on a current liability?
Payment On Current Liability Debit The Current Liability (say Sundry Creditor) (Liability Decreases) Credit Cash Or Bank (Current Asset Decreases)
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)
Sundry creditor is a -------------- 1.current liability 2.long term liability 3.current asset. 4.fixed asset.?
Sundry creditor is current liability.
Is sundry debtor current assets?
If it is to be received in an year,then it's current asset.
If payment on a current liability?
Payment On Current Liability Debit The Current Liability (say Sundry Creditor) (Liability Decreases) Credit Cash Or Bank (Current Asset Decreases)
Formula for current liability?
Current Liability = sundry creditor+bank overdraft+ expenses payable+provision for tax,divident
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 is sundry debtor?
If we provide some services to the vendors they are paying for our services therefore the person who are paying us becomes our sundry debtor. Sundry Debtor is simply called as account recievable i.e for retailer is customer, for wholesaler is retailer.
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 definition of sundry debtors and sundry creditors?
The person to whom you have sold goods.(Consumer is the debtor.)
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 definition for sundry debtor in Tamil?
payment to supplier
What is the meaning of sundry debtor?
it is the group of small debtors
