what is the difference between debtors & sundry debtors?
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Answer / waqas
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.
Is This Answer Correct ? | 42 Yes | 14 No |
Answer / mohd rayees
Debtor :- single debtor is called as a debtor.
Sundry Debtors :- Numbers(No,) of debtors is called Sundry
Debtors
Debtor And Sundry Debtors Both are Current Asset.
(Answer By Mohd Rayees Contact No,9908841874)
Is This Answer Correct ? | 43 Yes | 22 No |
Answer / fida muhammad
Difference between debtor and sundry debtor
Is This Answer Correct ? | 12 Yes | 5 No |
Answer / rajesh kumar
Debtor is an expression used in the accounting world to specify a party who owes money to a company or individual
sundry debtors is nothing but a person who received service and goods from us,therefore he has to pay the service and good received from us.
Is This Answer Correct ? | 5 Yes | 5 No |
Answer / tijani owolabi
trade debtors refer to debtors that are directly to your Business for example if you sell clothes to shops on credit, then the shops are your trade debtors.
While Sundry as the name implies "Various" Which means various debtors which not be a Credit sales
Is This Answer Correct ? | 3 Yes | 4 No |
Answer / teja srinivas
those debts which are cleared in 1 financial period is
treated as sundry debtors & those which may not be cleared
in 1 financial period are debtors
Is This Answer Correct ? | 13 Yes | 34 No |
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