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Q: What are guidelines on sundry deposits account?
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What are sundry deposits?

Sundry deposits are assorted deposits that you may have. They may include having a checking and a savings account.


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


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.


What are the various types of deposits in a private and nationalized bank?

* Savings Account/Checking Account * Current Account * Fixed/Time Deposits * Recurring Deposits


What are different types of bank accounts?

In India: Savings Account Current Account Fixed Deposits account Recurring Deposits account DEMAT Account etc.


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.


How can you make your account PayPal able to take deposits?

Your PayPal account is automatically able to accept electronic deposits. You just aren't able to make cash or check deposits to your account, this can be a pain in the rear if you need to get money in your account fast.