Sundry debtors Meaning In English

Sundry debtors translation, meaning, definition, explanation and examples of relevant words and pictures - you can read here.

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Meaning

A person who borrows goods or services from a business or does not pay immediately and owes the business in the future is called a sundry debtor.

Example

If you owe the council anything other than council tax or business rates, such as lease, rent or overpayments, these are called Sundry Debtors.

Sentence

Sundry debtors are recorded as fixed assets because the money belongs to the business.