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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Taxation interview questions  Taxation Interview Questions (1917)
 Accounting General interview questions  Accounting General Interview Questions (2844)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
Question
what is the sundry creditors for expenses ans with examples
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Sundry creditor for expenses means for example you hire a
land for running of bussiness and that rent is outstanding
for the month so the landlord become s.creditor for us
 
Is This Answer Correct ?    135 Yes 23 No
Javeed
 
Answer
# 2
Sundry creditors for expenses means the creditors who
rendered service to the company or business unit
Examples--- Auditors,Consultants etc
 
Is This Answer Correct ?    65 Yes 27 No
Mudunoori
 
 
 
Answer
# 3
Creditors - If ABC LTD companay had purchased material from
XYZ Company in that case

For ABC LTD XYZ is Creditors mean ABC have to pay to XYZ &
For XYZ ABC is Debtors mean XYZ will received amount from
XYZ

In short Creditors are liability for Business & Debtors are
assets of Business
 
Is This Answer Correct ?    55 Yes 19 No
Dharmesh Sati
 
Answer
# 4
sundry creditor will give some benifit to others and sundry
debtors will receive benifit.

for example:A gives some goods to B here A is Sundry
Creditor & B is sundry debtor.
 
Is This Answer Correct ?    42 Yes 12 No
Yamuna
 
Answer
# 5
Creditors - If ABC LTD companay had purchased material from
XYZ Company in that case

For ABC LTD XYZ is Creditors mean ABC have to pay to XYZ &
For XYZ ABC is Debtors mean XYZ will received amount from
XYZ

ABC is Debtors mean XYZ will received amount from
abc
 
Is This Answer Correct ?    32 Yes 10 No
Dwipen
 
Answer
# 6
sundry creditors are those to whom the goods are purchased
on credit.
 
Is This Answer Correct ?    23 Yes 9 No
Geethavinayaka P V
 
Answer
# 7
Amount owing for services received, eg. unpaid rent,salary
out standing etc.is called sundry creditors for expenses;
it differs from trade creditors which refers to amount
owing for goods purchased
 
Is This Answer Correct ?    18 Yes 6 No
Abdulla Koya
 
Answer
# 8
sundry creditors means that one who gives goods or service
on credit or cash basics.


IF RAHUL &CO RECEIVED GOODS FROM ATHUL &SONS , HERE
ATHUL&SONS IS CREDITOR TO RAHUL &CO
 
Is This Answer Correct ?    18 Yes 6 No
Anil P Dev
 
Answer
# 9
IF A COMPANY GAVE A PRODUCT OR SERVICES TO OUR COMPANY IS
CALLED SUNDRY CREDITORS
 
Is This Answer Correct ?    19 Yes 12 No
Jaleel Kundungal
 
Answer
# 10
It means the service received from the person to the company for credit for ex-auditor,financial advisor 
Is This Answer Correct ?    3 Yes 0 No
S.shaikh Khalid
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
What is the entry posted for GRN (Goods received Note)? If the stock received from the party what entry have to post in books? And in which a/c it has been hit?   2
Raman site engineer joined on 1-1-2009 in the company with an agreed salary of Rs 20000/-. On the joining date he was given advance of Rs 50000/-agreeing for adeduction of Rs 7500/- for month from salary. Pass salary entry till March,and let me know the advance balance as on 1st April   4
What is Accrual (Mercantile Vs Cash System of Accounting) Genpact 8
Expand----------ITR   1
Expand---------SBDC   3
Expand L I P   1
Why interest on partner's loan is not transferred to his capital account? What is the logic for transferring it to his current account/ loan account or accrued interest account?   1
what is a difference b/w provision and reserve OPI-Global 3
what do u mean the word accounting.   1
what is WIP? Genpact 3
Short Answer on ______________Assets   2
you have been asked to prepare a bill for services .what information should be included in the bill? Banking 5
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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