Who is Sundry Debtor and who is the sundry creditor ?

Answer Posted / biswadip banerjee

Receiver is the Sundry Debtor & Giver is the Sundry
creditor.

Is This Answer Correct ?    378 Yes 58 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS THE DEFINATIN OF IDENTICAL GOODS AND SIMILAR GOODS? WITH EXAMPLE?

5046


What is capital adequacy ratio? What is demat account?

676


what is a state cheque? how it differes from stale cheque?

1880


Tell me what is the difference between accumulated depreciation and depreciation expense?

625


why are accounting firms needed?

619






The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

1397


DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?

2573


what is the new rate of c.s.t in uttraklhand

1898


Tell me what is the general classification of accounts that usually ledger account involve?

630


What is fair value accounting?

632


HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?

1547


Explain me bills receivable?

603


Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

1940


What are the important things to be remembered while preparing a bank reconciliation statement?

661


Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

2219