Explain Sundry Debtors and Sundry Creditors.

Answer Posted / rukmitha .p

SUNDRY DEBTORS means if we holds somebodies shirt for money he is our debtors.SUNDRY CREDITORS means if somebody holds our shirt for money he is creditors -by sara sir

Is This Answer Correct ?    15 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

When we received payment from creditors

1192


What is mutual fund sub accounting?

674


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34169


when we can submit Form-C to the Sales Tax Dept. What is the period to issue Form-C to the supplier

1427


What is an accounting transaction?

711






What is project implementation?

642


Define fictitious assets?

789


Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1381


what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?

1643


Is an "account receivable" and "goodwill" real accounts in accounting?

593


I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.

965


i have selected jr. accountant/ auditor in ssc graduate level 2008 scheme b. but i have not yet received deptt. memo and also appointment letter. when it will be come??? how much time???

1525


We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?

1367


What are trade bills?

759


Do you know how many types of business transactions are there in accounting?

618