Explain Sundry Debtors and Sundry Creditors.
Answer Posted / azeem gill
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.
The same goes with the sundary debtors which are parties or
customers from whom payment is receivable and these are
kept individually in subsidiary ledgers but are clubbed in
one general ledger.
Is This Answer Correct ? | 90 Yes | 17 No |
Post New Answer View All Answers
Productive Investment is Working Capital. Is it correct?
Cash Processing
Tell me what is the difference between accumulated depreciation and depreciation expense?
Explain some of the accrued expenses and the accounts in which you would record them?
Tell us what is the abbreviation for the accounting terms debit and credit?
under which accounting rule prepaid salary?
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
Explain me the difference between public and private accounting?
What are time sheets? How are they maintained?
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.
What are the steps to take before you approve an invoice for payment?
What is the difference between deferred revenue and accrued revenue?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?