Who is Sundry Debtor and who is the sundry creditor ?
Answer Posted / muhammad omer farooq
Accumulated receivables are known as sundry debtors in other words you can say it is an alternative name of accounts receivable......
Abc company sold goods to mr.Omer of $10000 on account.
Accounts receivables(debtors ) dr.
Sale a/c cr.
And sundry creditors are too like accounts payables
Is This Answer Correct ? | 14 Yes | 5 No |
Post New Answer View All Answers
whether bills of exchnge can come under the category of reserves and surplus
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
How do you maintain accounting accuracy?
Tell me in accounting, how do you define premises?
WHAT IS OPERATING CYCLE?
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
Spinoff,Spelloff
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
What is full rate on plywood box in haryana sale tax:
Explain me by saying, perpetual or periodic inventory system; what do we mean?
Can you name any other accounting application?
What does the financial statement of the company include?