Explain Sundry Debtors and Sundry Creditors.

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me where do generally accruals appear on the balance sheet?

504


what is contribution? how does it help in taking managerial decisions?

1554


Explain miscellaneous expenditures & profit and loss account debit balance

600


Mention whether the account "cash" will be credited or debited when a company pays a bill?

676


when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.

1475






could i know how to accounting lease intrest ?

1492


how to upload ledgers in excel or word document

1541


Tell me what is reversing journal entries?

571


HELLO FRIENDS I WANTED TO THAT IS DUPLICATE KEY MAKING CHARGE IS UNDER THE HEAD OF GENERAL EXPENSES

2491


What is computerized accounting?

634


Explain compound journal entry.

601


what is difference between budgeting and Forecasting

1203


if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1123


What qualifications have you achieved?

638


What is tds and how it is calculated?

604