5 Questions
What is the meaning of sundry debtors in accounting?
Sundry debtors could refer to a company's customers who rarely make purchases on credit and the amounts are not significant.
What does the term 'sundry' mean in accounting?
Sundry means various, miscellaneous, or diverse.
Why was the term 'sundry' more common in manual bookkeeping?
Adding a new page for occasional customers could result in an unwieldy subsidiary ledger book.
What has eliminated the need for classifying customers and accounts as sundry?
Efficiency and low cost of today's accounting systems.
What do sundry creditors and sundry debtors refer to in accounting?
Sundry creditors and sundry debtors refer to various and miscellaneous creditors and customers.
Test your knowledge of accounting terminology with this quiz on the meaning of "sundry" and "sundry debtors." Challenge yourself with questions about these terms and their relevance in the world of accounting.
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