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sundry debtors

20 August 2018

I am electrical labour contractor.
My CA shown sundry debtors in assets.
pls tell me meaning of sundry debtors in simple language.
My confusions
1)Means should I pay or
2 I will get That money

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3 Replies

SabareeshKumar.R (Professional) (59 Points)
Replied 20 August 2018

u will get that money..

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Pankaj Rawat (GST Practitioner) (55057 Points)
Replied 20 August 2018

To whom you sell are sundry debtors

Sana Sultana Mussu (Student) (5119 Points)
Replied 20 August 2018

debtors means you will get that money
in simple language if you sell any good on credit(i.e on future payment of cash), for that future receipt you will record as debtor in your books as of now...
since it is a receivable it will be shown under the head current assets as trade receivables..