Explain Sundry Debtors and Sundry Creditors.

Answer Posted / lakshman

who is the given to utility to company or person or
something is a creditors.
who got the utility is a debitor.

Is This Answer Correct ?    119 Yes 29 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to deduct tds on income from other sources with examples

1646


Tell me in accounting, how do you define premises?

723


Please advise how to calculate net asset....

1873


have you ever been involved in an invoice dispute? How did you manage the problem?

697


How do you prepare a balance sheet from a trial balance?

648






Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?

1303


Why are accounting standards necessary?

661


why you want to lecturer

1776


List out some of the examples for liability accounts?

598


What is the difference between deferred revenue and accrued revenue?

630


what is bank aceleted?

1660


Do you know what is a cpa?

594


when receieve cheque from a party and we deposite cheque in bank how do this entry

4234


What is BRS Adjustment entry?

3733


how to calculate forefeiture of share when over subcription

1831