Question

Distinguish between Debtors and Sundry debtors.

Answer 1

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1)Debtors = In general business terminology means Customers to whom the goods are sold on credit.

Sundry = Various
Therefore Sundry Debtors means Debtors for various reasons and not merely for Credit Sales.

2)Debtor :- single debtor is called as a debtor.

Sundry Debtors :- Numbers(No,) of debtors is called Sundry
Debtors
Debtor And Sundry Debtors Both are Current Asset.

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