Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the sundry creditors for expenses ans with examples

Answer Posted / dharmesh sati

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 ?    82 Yes 31 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1903


what is meant by virus

8240


legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

3101


what is leverage n detail and tpoes of leverage with iagram?

2164


what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2199


What is Budgeted capital ?

2010


which are the basic princeples of accountancy... with examples

2191


how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1896


Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .

4439


Expand-------BANT

2234


We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

2120


i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?

2220


what is cost audit?

2108


if jj form not cancelled within 1hour,wat to do

1828


Why do you want to work for us?

1930