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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)
Sundry creditors shows?
sundry creditor shows credit balance
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
Name the 7 journals from which totals are posted into the general ledger?
sundry creditor capital account fixed assest bank account profit and loss
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)
Sundry creditors shows?
sundry creditor shows credit balance
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
Name the 7 journals from which totals are posted into the general ledger?
sundry creditor capital account fixed assest bank account profit and loss
What is mean by Sundry Creditor?
It is the company expenses.
What does it means if sundry creditor hava a debit balance and credit balance?
If someone has a creditor and has a debit balance and a credit balance this means they have a bank account. The bank account provides the debit card and the bank provides the credit balance.
Sundry creditor is a -------------- 1.current liability 2.long term liability 3.current asset. 4.fixed asset.?
Sundry creditor is current liability.
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.
What is sundry debtors and sundry creditors?
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 debtorssundry creditor shows credit balance.
Definition of sundry creditor?
refers to companies or individuals to which money is owed.
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.
