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What is sundry advance?
mara lo
What is the difference between a sundry debtor and a sundry creditor account?
sundry debtor is whom they baught goods on credit basis
What type of account is the sundry creditors?
sundry creditors is a personal account. the rule applying would be debit the reciever, credit the giver
What are sundry deposits?
Sundry deposits are assorted deposits that you may have. They may include having a checking and a savings account.
Sundry Creditor is a type of account?
personal a/c
What is a sundry account?
A sundry account is a corporate account typically used for recording miscellaneous items for which an appropriate account has not yet been established. Sundry accounts are usually temporary or in-process accounts, meaning they must be cleared to a zero balance (total debits must equal total credits) at the end of each accounting period.
Definition of sundry credits?
Sundry Credits represent items/transactions which cannot be classified immediately under any credit account.
Is sundry debtors have debit or credit balance?
Sundry Debtors always have Debit balance, if it is showing credit balance ie, Advance paid by Sundry debtors or your customers, if you are given discount after making the invoice, or excess payment done by your customers then the Sundry Debtors balance will be Credit. Regards, Ajish
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.
When a sale is made to a customer on credit it created an account receivable which is classified as?
Sundry Debtors
What is sundry creditors and sundry debtors?
You may have a category of sundry, or miscellaneous, creditors on the books for occasional or small vendor relationships, rather than setting up a separate vendor account for these infrequent. If we provide some services to the vendors they are paying for our services therfore the person who are paying us becomes our sundry debtors.
What is sundry credit and sundry deposit accounts in bank?
I have read somewhere that Bank can open only two accounts to credit miscellaneous items like sundry deposit account. Can anybody give me the relevant clause/law applicable in India to muralivanmelil@gmail.com
