Who are sundry creditors and debtors?

Question

Accepted Answer

Sundry creditors and debtors are terms used in accounting to refer to individuals or entities who owe money to a company (creditors) or are owed money by a company (debtors).

Sundry creditors are individuals or entities who owe money to a company for goods or services provided.
Sundry debtors are individuals or entities who are owed money by a company for goods or services received.
These terms are commonly used in financial statements and accounting records to categorize and track outstanding debts and receivables.
Examples of sundry creditors include suppliers, vendors, and service providers.
Examples of sundry debtors include customers, clients, and individuals who owe money to the company.

Accepted Answer

Creditor creditors are those who give and debtors are those who take

Asked in PC Jewellers

Who are sundry creditors and debtors?

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