banks, investors and vendors
banks, investors and vendors
Creditors - are people you owe money to... whether that's a credit card company, a utility company or your friends !
banks, investors and vendors
creditors journal
creditors have debit balances as advances receive from creditors..........
duties of a creditors clerk
Purchases A/c -Dr 5000 To Sundry Creditors 5000
When amount from more than one small creditors are join and shown together it is called sundry creditors.
Money is any medium that is universally accepted in an economy by sellers of goods and services as payment and by creditors as payment for debts.
It assumed that if a crisis occurred, there would be an invasion. The creditors to Venezuela would get upset and try to take over.
creditors journal
creditors' circulization
creditors have debit balances as advances receive from creditors..........
duties of a creditors clerk
Why a business have creditors
Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2) Average Creditors / Credit purchases = '?' x 360 = '?' ex. Average Creditors / Credit purchases = 50 000 / 120 000 x 360 = 0.4166 x 360 = 41.7 (average creditors = Creditors at the biginning of the year + creditors at the end of the year divided by 2)
You can get a list of your creditors by checking your credit report. Most of all creditors will report to the agencies and will have a record.
Purchases A/c -Dr 5000 To Sundry Creditors 5000
When amount from more than one small creditors are join and shown together it is called sundry creditors.
When company purchases materials from different vendors on credit, those combined creditors are called sundry creditors.