can any one help me for finding out a sundry creditors and sundry debtors for projected balance sheet. I want to make a projected balance sheet how i get the sundry credtors and sundry debtors.please advise me
Menu
sundry creditors and sundry debtors
Replies (3)
sundry debtors is a current asset component and creditors is a current liab component and varies with the nature of the organization
With the help of debtors & Creditors Velocity ratios Of previous years.
Projected Sundry Debtors - Projected Aggregate Credit Sales / 360 * Average Credit period allowed to Debtors
Projected Sundry Creditors - Projected Aggregate Credit Purchase /360 * Average Credit period allowed by Credtiors
Obtain details about average Credit period in both cases from the client and compare it with previous year's financial statements
Recent Threads
- Query of GST
- Long Term Capitalgains on sale of residential prop
- How Salaried Individuals Can Reduce Capital Gains
- NSTPI registration
- GST PAID IN DELHI
- How to Trade Forex in India?
- TDS - requirement of TDS by individual under presu
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
- Challan confusion in ITR B block return
Related Threads
CAclubindia
