What do sundry creditors and sundry debtors mean?Question:What do sundry creditors and sundry debtors mean?Credit Purchases:Credit purchases refer to the purchase of goods and services on account, which result in the postponement of the payment for the goods and services, as an extension is provi...
Sundry creditor is a person who is responsible for the supplies of the goods or services to another business firm on credit basis. Let’s understand the meaning & example of sundry creditors.