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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.


Provision for discount on debtors and provision for discount on creditors?

a provision is set up to give discounts to debtors who settle accounts early. as the company are not receiving the full debt they have a provision in place in this eventuality. This is seen as an expense to the business and brings the amount the debtors down. In other words dr P&L and Cr debtors in balance sheet


What was the population of Australia that had a similar population to north America?

They were both made up of debtors and prisoners from England.


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.


What are the benefits of trade union?

A trade union is an organisation made up of members


Why is Georgia called debtors colony?

Georgia is called a debtors colony because it was created for debtors. In England, there were debtors clogging up the prisons. So people in debt where sent to Georgia to work off their debt. People were unable to pay off their debt and that is why Georgia came about. They took debtors out of the prisons and gave them a second chance. It worked and that is where debtors went.


How do you do debtors and creditors on pastel?

If you sign up, free of charge, with The Double Entry Forum at http://www.doubleentry.co.za, you can share your queries and experiences with other Pastel users, overseen by Pastel experts. You are sure to get detailed answers to your question and many other Pastel related questions!


Most start up companys are founded by people in which age group?

debtors


What three areas made up the trade triangle?

Atlantic from Africa to America


Why do creditors use accounting?

they have to keep up with your credits and finanicail aids


How long can creditors report negative items?

up to seven years.


When was Trade In Trade Up created?

Trade In Trade Up was created in 2007.