Interested to Buy Any Domain ? << Click Here >> for more details...
Explain Sundry Debtors and Sundry Creditors.
- 17 Answers
- 141302 Views
- SVE Drilling Tools, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / lakshman
who is the given to utility to company or person or
something is a creditors.
who got the utility is a debitor.
| Is This Answer Correct ? | 119 Yes | 29 No |
Answer / azeem gill
All those suppliers/parties to whom payment is still to be
made and which are kept in subsidiary ledgers are
collectively shown in one general ledger as Sundary
Creditors.
The same goes with the sundary debtors which are parties or
customers from whom payment is receivable and these are
kept individually in subsidiary ledgers but are clubbed in
one general ledger.
| Is This Answer Correct ? | 90 Yes | 17 No |
Answer / saroj kumar satapathy
Debtors are the one to whome you have shold good on credit, and they have to pay for that in future.
Detors are the current Asset.
Creditores are the one from whome you have purchased good on credi, and you have to for the sam in future. Creditors are the current Liability
| Is This Answer Correct ? | 58 Yes | 7 No |
Answer / juniad pm
Debtor is the Receiver
Creditor is the Giver
its like money, services, etc.
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / g
All those suppliers/parties to whom payment is still to be
made and which are kept in subsidiary ledgers are
collectively shown in one general ledger as Sundary
Creditors.
sundry creditor is a person whom we received service and good from them, we have to pay for them.
| Is This Answer Correct ? | 18 Yes | 6 No |
Answer / rukmitha .p
SUNDRY DEBTORS means if we holds somebodies shirt for money he is our debtors.SUNDRY CREDITORS means if somebody holds our shirt for money he is creditors -by sara sir
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / sudhansu kumar sinha .
Sunder debtors is the person from whom amount are due for goods & services rendered or in contractual obligation.
Sunder creditors it means amount owned by the business on omount of goods purchased or services rendered or in respect of contractual obligation.
| Is This Answer Correct ? | 15 Yes | 7 No |
Answer / salma
SUNDRY CREDITORS:- This is the 3rd sub-group of current liablities A/C's of trade creditors supplies (A/C Is that parties from whom credit purchase are made)are credited under this group.
SUNDRY DEBTORS :- This is the 6th sub group of current assets this group is used to create the A/C's of customers call parties to whom credit sale are made.
| Is This Answer Correct ? | 12 Yes | 4 No |
Explain the statement:"Fixed cost per unit is variable but variable cost per unit is fixed".
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
Rent outstanding:2500
WHAT IS JOINT PRODUCT AND BY PRODUCT
what is the meaning of A/c
What is the entry pass if we are given to advance for employee?
what is use of cost center category in tally ? why & when use this ? what is benfit ?
ACCOUNTING CONCEPTS AND CONVENTIONS
What knowledge should financial accountant have?
A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?
Tell me why do you apply for a job of an account executive?
what is bills payable and bills receivable?
Audit 
