Sundry debtors refer to businesses, individuals or companies receiving services or products from another company or business without making a payment immediately. The payment occurs on a credit basis, where the debtors are liable to pay the money in future.

2021年12月21日 · A group of such individuals or entities is called Sundry Debtors. They may also be referred to as accounts receivable or trade receivables. Sundry means “various” or “several”. In the world of business, it refers to many similar items combined under one head.

Sundry debtors arise when a company sells its products or services on credit terms, allowing customers to make payment at a later date. Sundry debtors are considered as assets on the balance sheet of a company, as they represent the company's right to receive payment for goods or services provided.

2024年12月29日 · Learn key roles of Sundry Creditors & Debtors in business financials. Discover how they impact cash flow, profitability, & effective balance sheet management.

2024年6月10日 · In accounting, sundry debtors refer to customers or entities who owe money to a business for goods or services they have purchased on credit. Also known as accounts receivable or trade debtors, sundry debtors play a crucial role in the financial management of a business.

Sundry can mean various, miscellaneous, or diverse. Sundry debtors could be referring to a company’s customers who rarely make purchases on credit and the amounts are not significant. I suspect that the term sundry was more common when bookkeeping was done manually.

2025年1月27日 · Sundry debtors are individuals or businesses that owe money to a company for credit purchases. This blog explores their meaning, accounting formats, examples, and their role in financial statements, helping you understand their impact on a company’s financial health and cash flow. What Are Sundry Debtors?