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Is trade debtors accounts are real nominal or personal?

Updated: 8/20/2019
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Q: Is trade debtors accounts are real nominal or personal?
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What trade debtors?

Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.


How do you calculate average trade debtors?

To calculate average trade debtors, you need to add the opening trade debtors balance to the closing trade debtors balance and divide it by 2. This will give you the average trade debtors for the specified period.


What are Trade Creditors?

Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.


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 are the differences between trade debtors and sundry debtors?

sundry means "various". Sundry debtors means various debtors which not only include credit sales, but also include all other debtors(related to financial and other debt). So Trade debtors was part of sundry debtors. ok


What are the objectives of accounts receivables management?

1.Maximing the value of the firm. 2.Optimum investment in sundry debtors. 3.Conrol and cost of trade credit.


Do you include trade debtors net of GST?

yes


Are trade debtors tangible assets?

Trade debtors are persons or organizations who allows others to buy items or goods with credit and to receive payment for such goods at a later date, and tangible assets include both fixed assets and current assets. The items or goods are the assets, not the trade debtors.


What companies offer personal stock trade accounts?

There are many online brokerages that offer personal stock trade accounts. Some companies offer online trading such as, Scottrade, eTrade and ING Direct. Fidelity Investments has walk in offices located in most major cities and online trading.


16 In what circumstances would a non trade debtors control account be used?

i would like to know in what circumstances would a non trade debtors control account be used?


Is a trade debtors asset or liability?

yes It is an Asset, not a Liability.


Is trade debtors a debit or credit transaction on the trial balance?

credit