what is the sundry creditors for expenses ans with examples

Answer Posted / dwipen

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 ?    41 Yes 13 No



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