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Is sundry debtor current assets

Updated: 4/28/2022
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9y ago

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If it is to be received in an year,then it's current asset.

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9y ago
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Q: Is sundry debtor current assets
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Related questions

What is the difference between a sundry debtor and a sundry creditor account?

sundry debtor is whom they baught goods on credit basis


What is mean by sundry debtor and sundry creditor?

Sundry Debtor is a person who bought goods or received service from us (Customer) Sundry Creditor is a person whom we received the goods are service (Our Vendor)


Why sundry debtors is coming under current assets?

Sundry debtors come in current assets because normally goods are sold on credit for short term agreement for one month or for three months as amount is receivable from debtors within one fiscal year that’s why debtors arrive in current assets.


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.


What is the definition of a sundry debtor?

Sundry debtors means the debtor to whom goods are sold on credit for various reason not merely goods sell on credit.


What is the definition of sundry debtors and sundry creditors?

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


What is the Classification of sundry debtor in balance sheet?

Sundry debtor is someone who has debt to be paid to goods sold. Goods sold could also be services rendered.


What is the definition for sundry debtor in Tamil?

payment to supplier


What is the meaning of sundry debtor?

it is the group of small debtors


What is sundry debtor and sundry creditor?

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.


Who is sundry debtor?

If we provide some services to the vendors they are paying for our services therfore the person who are paying us becomes our sundry dedtors


Is sundry debtor is current liability?

Current_liabilities_and_non-current_liabilitiesIf you are asking the differences between the two, it is pretty much straightforward. Current Liabilities are any liabilities that you owe and you can reasonably pay off in one-year or less.