Sundry accounting also encompasses irregular, smallmiscellaneous expensesthat are not otherwise assigned to an account. The sources of sundry expenses might vary from one business to another, but they generally do not includeoperating expensessuch as rent or mortgage payments,depreciation, utility payments...
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Sundry income may include income from a variety of sources, the nature of which may change from one accounting period to the next. For example,late fees, royalties, profits on the sales of minor assets, orforeign exchangegains may qualify as sundry income depending on the nature of the busin...
Sundry expenses, also known as miscellaneous expenses, are the expenses incurred by the company during the accounting period under consideration. These are generally of a small value and are not as important to be mentioned individually in the separate ledger account, thus clubbed together under one...
Sundry invoices were mainly used in billing and accounting when it was mostly manual work. Each new customer had a page in the company's general ledger and the accountant of the day usually maintained the books manually
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