Answer / amarjeet kaur

sundry debtors a/c dr
to sales a/c

Answer / kalyan krishna

when we r purchasing from others which is comes under. creditors for us for ex; mobiles purchased from rk mobiles purchases a/c dr to rk mobiles a/c cr (rk mobiles r selling to us. those comes unde suppliers. which means . we have to pay them money... so . they r creditors to us)

Answer / guest

sundry debitors A/c ----DR
To nnature of his Supply a/c

Answer / suvabrata sarkar

When Materials purchased on credit then the material
supplier is called "Debtor" :

Exp. Materials ( Furniture / Raw Material) Purchased on
credit:-

Sundry Debtors a/c............................. Dr.
To Materials (Furniture / Raw Material a/c

When cash/ cheque paid to him:

Cash/ bank a/c ..............Dr
To Sundry Debtors a/c

Sundry Debtors shown in the assets site of Balance Sheet.

Answer / subho

sundry debtors A/c Dr.
To materials A/c

Answer / kunal goswami

so when you sell something and you will receive money from others = sundry debtors and when you purchased something and you have to pay them back = sundry creditors

so for example *purchased goods from X on credit*
transaction should be
purchase a/c ..............dr to sundry creditors a/c

sold goods to X on debit
transaction should be
sundry debtors a/c.............dr to sales a/c

sales a/c always comes under credit and purchase a/c always comes under debit

what about the manapuram fm

1 Answers   manappuram,

what are the entries for staff taken advance in tally? what are the ledgers to be created for this and under which group? and what are the voucher entries when the advance is refunded?

1 Answers  

What is Double Entry System ?

8 Answers  

Please explain subcontracting accounting entries in SAP with realtime example and amount.

1 Answers   IBM,

in reply of sreedapa answer ,suppose for the m/o march telephone expense is Rs.800 and for the m/o april Rs.200 For this we will pass tthis entry : Telephone expenses Dr 800 To Tel expenses payable 800 Telephone Expenses Payable Dr 800 to Bank/cash 800 (For the m/o march) And for the m/o april, we will make the provision in the m/o March Telephone expenses Dr. 200 To Telephone Expenses Payable 200 Plz advice

1 Answers  

Sums on Finalization of Accounts give exaple?

1 Answers   EDS, TCS,

Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction. (the answer is neither 750,1000,1250,1500,1750 nor 2000) please reply the answer because its urgent with the explanation of u'r answer thankyou.

29 Answers  

what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

0 Answers  

what is mutual fund?

3 Answers  

a buyer,purchases a for rs100, b for rs80, c for rs60 and mixed in ratio of 3:4:5 and sells @ 50% profit what wil be d price?

12 Answers   TCS,

what is capital revenue and capital expenditure?

3 Answers  

what is BRS? 12.Why is it used ?

14 Answers