Sundry Creditors and Debtors Explained: Meaning, Difference & Jour
Section 44AB of the Income Tax Act, 1961 , mandates that certain businesses and professionals get their financial accounts audited by a… Examples include suppliers of raw materials, utilities providers, and service vendors. Any party providing credit terms for goods or services can be a sundry creditor. Sundry creditors impact a business’s working capital and […]
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