0
What else can I help you with?
What is included in sundry expenses?
Sundry expenses are the expenses of small amount and it is not possible to maintain there detail
What are the sundry expenses?
Sundry expenses means many of small business day to day expenses which cannot be put into specific expense head.
What is mean by Sundry Creditor?
It is the company expenses.
What are sundry expenses?
Any expence that does not fall into a specific category
What is Accrued Sundry Exp?
Accrued expenses or accrued sundry expenses are those expenditure which are incurred during the specific time but the payment not to be paid with in that specific time that are called the accrued expenses or accrued sundary expenses. Accrued expenses are also called outstanding Expense.This will be the liablity of the owner and shown in the liablity side of the balance sheet.
What does sundry amount mean?
The term "sundry amount" refers to a collection of various items or expenses that are often small, diverse, and not easily categorized. In financial contexts, it typically denotes miscellaneous charges or receipts that don't fit into specific categories. Businesses may use this term to summarize minor costs or income streams that collectively contribute to their overall financial picture.
Expenses may be categorized as or?
jumpy
What account tyre for Sundry advance?
The account type for a sundry advance typically falls under "current assets" in accounting. This is because sundry advances represent amounts paid in advance for expenses or services that will be consumed or utilized within the upcoming accounting period. They are often classified as "prepaid expenses" until the associated goods or services are received.
What is the difference between miscellaneous expense and sundry expense?
Miscellaneous expenses refer to a variety of small, infrequent costs that don't fit into specific categories within a budget or financial statement. Sundry expenses, on the other hand, typically refer to various minor expenses that are often grouped together but can be more specific in nature, often related to business operations. While both terms denote small, irregular expenses, "miscellaneous" emphasizes the lack of categorization, whereas "sundry" suggests a collection of different minor expenses that may share a common context.
What might Expenses may be categorized as?
Expenses may be categorized into several types, including fixed expenses, which remain constant over time (like rent), and variable expenses, which fluctuate based on consumption (like utilities). They can also be classified as discretionary expenses, which are non-essential (like entertainment), and non-discretionary expenses, which are necessary (like groceries). Additionally, expenses can be categorized by their purpose, such as operating expenses related to daily business functions or capital expenses for long-term investments.
Formula for current liability?
Current Liability = sundry creditor+bank overdraft+ expenses payable+provision for tax,divident
What does Sundry time mean?
"Sundry time" typically refers to various or miscellaneous moments or periods that are not specifically defined or categorized. The term "sundry" means various or diverse, suggesting that these times can encompass a range of activities or events. In a broader sense, it can indicate moments that are set aside for different tasks or purposes, often in a casual or informal context.
