Sundry Debtor

A person who receives goods or services from a business in credit or does not make the payment immediately and is liable to pay the business in the future is called a Sundry Debtor.

Businesses use an account to track these transactions and they are called as Sundry Debtor account or Accounts Receivable.

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Related Terms

• Sales Order
• Single Entry System
• Sundry Debtor
• Sundry Creditor
• Statement of Accounts
• Stock
• Suspense Account