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  • 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 therefore the person who are paying us becomes our sundry debtors

  • sundry creditor shows credit balance.
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โˆ™ 2012-02-22 12:41:49
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Q: What is sundry debtors and sundry creditors?
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Related questions

What is the difference between Sundry debtors And Sundry Creditors?

Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.


What is difference between sundry debtors and sundry creditors?

Sundry Debtors are from whom we have to take money and to sundry creditors we owe money.


Can sundry creditors make sale to sundry debtors?

yep its returns


What is the difference between debtors and sundry debtors?

why debtors and creditors are called as sundry? Debtors = In general business terminology means Customers to whom the goods are sold on credit. Sundry = Various Therefore Sundry Debtors means Debtors for various reasons and not merely for Credit Sales.


What is the definition of sundry debtors and sundry creditors?

The person to whom you have sold goods.(Consumer is the debtor.)


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 is drawing power calculated?

Sundry debtors+stock in hand-sundry creditors only ninty days only * 75% = answer this is the drawing power of a company


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 is the meaning of Sundry creditors?

sundry


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 is the journal entry for sundry creditors?

Debit expensesCredit sundry creditors


What will be the journal entry for sundry debtors 1000?

sundry debtors A/c........DR 1000 TO Sales A/c 1000

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