what is the sundry creditors for expenses ans with examples
Answers were Sorted based on User's Feedback
Answer / javeed
Sundry creditor for expenses means for example you hire a
land for running of bussiness and that rent is outstanding
for the month so the landlord become s.creditor for us
Is This Answer Correct ? | 189 Yes | 35 No |
Answer / mudunoori
Sundry creditors for expenses means the creditors who
rendered service to the company or business unit
Examples--- Auditors,Consultants etc
Is This Answer Correct ? | 108 Yes | 34 No |
Answer / dharmesh sati
Creditors - If ABC LTD companay had purchased material from
XYZ Company in that case
For ABC LTD XYZ is Creditors mean ABC have to pay to XYZ &
For XYZ ABC is Debtors mean XYZ will received amount from
XYZ
In short Creditors are liability for Business & Debtors are
assets of Business
Is This Answer Correct ? | 82 Yes | 31 No |
Answer / yamuna
sundry creditor will give some benifit to others and sundry
debtors will receive benifit.
for example:A gives some goods to B here A is Sundry
Creditor & B is sundry debtor.
Is This Answer Correct ? | 59 Yes | 20 No |
Answer / dwipen
Creditors - If ABC LTD companay had purchased material from
XYZ Company in that case
For ABC LTD XYZ is Creditors mean ABC have to pay to XYZ &
For XYZ ABC is Debtors mean XYZ will received amount from
XYZ
ABC is Debtors mean XYZ will received amount from
abc
Is This Answer Correct ? | 41 Yes | 13 No |
Answer / anil p dev
sundry creditors means that one who gives goods or service
on credit or cash basics.
IF RAHUL &CO RECEIVED GOODS FROM ATHUL &SONS , HERE
ATHUL&SONS IS CREDITOR TO RAHUL &CO
Is This Answer Correct ? | 33 Yes | 8 No |
Answer / geethavinayaka p v
sundry creditors are those to whom the goods are purchased
on credit.
Is This Answer Correct ? | 30 Yes | 13 No |
Answer / abdulla koya
Amount owing for services received, eg. unpaid rent,salary
out standing etc.is called sundry creditors for expenses;
it differs from trade creditors which refers to amount
owing for goods purchased
Is This Answer Correct ? | 23 Yes | 10 No |
Answer / s.shaikh khalid
It means the service received from the person to the company for credit for ex-auditor,financial advisor
Is This Answer Correct ? | 10 Yes | 2 No |
Answer / jaleel kundungal
IF A COMPANY GAVE A PRODUCT OR SERVICES TO OUR COMPANY IS
CALLED SUNDRY CREDITORS
Is This Answer Correct ? | 23 Yes | 16 No |
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