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SUNDRY CREDITORS

Written on Dec, 04, 2011 by in | Leave a comment

Any person who supplies the goods or services or consumable items to a business firm on credit basis, will be called as sundry creditor by the firm who avails this facility. The suppliers of various items relating to expenses on credit basis, are also called sundry creditors. Sundry creditors are the liabilities of the firm because the firm is supposed …


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