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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 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.


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 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


When a sale is made to a customer on credit it created an account receivable which is classified as?

Sundry Debtors


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.


What will be the journal entry for sundry debtors 1000?

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


What does the phrase 'Sundry Debtors' mean against a debit entry on a personal current account statement?

The phrase 'Sundry Debtors' on a personal current account statement typically refers to amounts owed to the account holder by various individuals or entities. It indicates that there are multiple small debts or receivables that the account holder is expecting to collect. This entry suggests that the account holder has extended credit or has outstanding payments due from these debtors.


Is sundry debtors have debit or credit balance?

Sundry Debtors always have Debit balance, if it is showing credit balance ie, Advance paid by Sundry debtors or your customers, if you are given discount after making the invoice, or excess payment done by your customers then the Sundry Debtors balance will be Credit. Regards, Ajish


Can sundry creditors make sale to sundry debtors?

yep its returns


Tally 7.2 - display - account books - group summary - sundry debtors - this I want with rows and columns?

12.5% purchase a/c