What is sundry creditors?
Hi Sagar
Party to whom we have to pay some amount is called Sundry Creditor
Example
If we purchase goods of 100000 from A
We pass entry
Purchase Dr
To A
in this case,A is a Sundry Creditor
Sundry Creditor can be for expenses too
Example
Suppose we receive Telephone Bill from Airtel of 3000
We pass entry
Telephone Exp
To Airtel
In this case,Airtel is a Sundry Creditor
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