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what is the sundry creditors for expenses ans with examples
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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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Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
The opening Capital of a concern is Rs.30000/- owner withdral for personal use Rs.28000/- Closing capital balance of concern is Rs.37000/- choose the correct answer from the following. 1.Net Loss Rs.14000/- 2.Net Profit Rs.35000/- 3.Net profit Rs.14000/- 4.Net Loss Rs.35000/-
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