Interested to Buy Any Domain ? << Click Here >> for more details...
Who is Sundry Debtor and who is the sundry creditor ?
- 18 Answers
- 88383 Views
- Finance, Home, Reliance, I also Faced
- E-Mail Answers
Answer Posted / ankur kumar
A person who owes money to the firm because of credit sales of goods is called a debtor. For example, when goods are sold to a person on credit that person pays the price in future. He is called a debtor because he owes the amount to the firm, commonly customers of goods/ services are known as debtors.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
Please give me as example of service tax & Vat Posting through Tally.
How can you made payment when bill come from vendor, what is the bills have you check.
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
Differentiate accounting and auditing?
how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
what is windows dressing final accounts?,sales a/c belongs to which a/c type?
Do you know overhead in terms of accounting?
What is the difference in accounting and marketing?
hi ,i need some suggestion,comptd my graduation in 2012,but i wasted my time for 6 month,just i want 2 escape from this question,what u did for 6 months,how can i give proper anser to them?pls suggest me
where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?
Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.
What is fair value accounting?
