English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

im not too sure about their difference. i know sundry debtors are somewhat insignificant and aren't given their own individual accounts but are grouped together. i still don't understand it very well...

explaination please

2007-09-05 22:32:18 · 1 answers · asked by Kendra 3 in Business & Finance Other - Business & Finance

1 answers

A trade debtor arises from sales made to him. He is a customer of the co. A sundry debtor arises from other transactions, for e.g. staff who borrow loans from the co. or who are given advances are sundry debtors. He can also be someone whom the co. sold a fixed asset to.

2007-09-05 23:58:08 · answer #1 · answered by Sandy 7 · 0 0

fedest.com, questions and answers