Explain Sundry Debtors and Sundry Creditors.
Answer Posted / g
All those suppliers/parties to whom payment is still to be
made and which are kept in subsidiary ledgers are
collectively shown in one general ledger as Sundary
Creditors.
sundry creditor is a person whom we received service and good from them, we have to pay for them.
| Is This Answer Correct ? | 18 Yes | 6 No |
Post New Answer View All Answers
Tell me what is public accounting?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
whats difference between manufacturing account & cost account
What are the types of liabilities accounts?
get fixed assets items
what are the processes of account reconcillation
how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
Explain the Invoice verification process
what is miscellaneous expenditure??
What is reversing journal entries?
When their is one pick point and four unloading places with in same district their is need to write four number of way biils
At the time of depreciation run we selected actual dep key is 5% but we taken 7% so the depreciation was posted wrongly how to rectify it?
Define tally accounting
what are the voucher entries in tally for medical insurance
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/