What is the definition of sundry creditors?

Answer 1

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.Its very simple .in simple words companies money go outside. So it will come on liability side 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.