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Sundry deposits are assorted deposits that you may have. They may include having a checking and a savings account.

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11y ago

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What is Sundry Revenue?

Sundry revenue refers to a company's outside income. This income is uncontrollable by the company due to coming from something outside the company's scope or another unpredictable source.


What is sundry shop?

Sundry shop is similar to a grocery store. It is a place where you can get almost anything that most people need such as milk,eggs,snacks,cigarettes for example. It is usually a convenient place for people to get their stuff when they need it in an emergency.


What is the name of a sundry shopkeeper plus occupation?

A sundry shopkeeper is often referred to as a "general store owner" or "proprietor." Their occupation involves selling a variety of everyday items, including groceries, household goods, and personal care products. This role requires managing inventory, customer service, and often interacting with the local community.


What are the types of deposits in rural bank?

Rural banks typically offer several types of deposits, including savings accounts, fixed deposits, and recurring deposits. Savings accounts provide easy access to funds while earning interest, fixed deposits require money to be locked in for a specified period with higher interest rates, and recurring deposits allow customers to save a fixed amount regularly over a set term. These products aim to encourage savings among rural populations and provide financial security.


What is non transactions deposits?

Non-transaction deposits refer to funds held in accounts that do not permit direct transactions like checks or debit card withdrawals. These deposits typically include savings accounts, time deposits, and certificates of deposit (CDs). They often offer higher interest rates compared to transaction accounts to incentivize saving rather than spending. As a result, non-transaction deposits are primarily used for savings and investment purposes.

Related Questions

What is the meaning of Sundry creditors?

sundry


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 are guidelines on sundry deposits account?

Sundry deposits accounts are typically used to hold funds that are temporarily received for various purposes, such as security deposits or advance payments. Guidelines for managing these accounts generally include ensuring proper documentation for each deposit, maintaining a clear record of transactions, and regularly reconciling the account to prevent discrepancies. It's important to comply with relevant regulations and to have a clear policy on how and when to return deposits or allocate them to their intended purpose. Additionally, organizations should periodically review the account to ensure funds are properly classified and managed.


How is all and sundry used in a sentence?

The boy had sundry of sundaes for his birthday sundry - plenty


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


Make a sentence with the word sundry?

You just said the word sundry.


How do you use sundry in a sentence eminence?

The sundry options in the menu confused me.


Can sundry creditors make sale to sundry debtors?

yep its returns


What is the journal entry for sundry creditors?

Debit expensesCredit sundry creditors