What are sundry accounts? Sundry means "of various kinds"; "several". Accordingly, Sundry account refers to the account used to record ...
Definition of Sundry Expenses In accounting and bookkeeping, sundry expenses ... a company might use a general ledger account entitled Sundry Expenses for ...
SUNDRY ACCOUNT is an account where miscellaneous items are recorded, e.g. infrequent transactions involving customers or suppliers that are not tracked in ...
Jul 11, 2018 ... Sundry income is that generated from sources other than a company's ... of income that may qualify as sundry income because the defining characteristic is ... small expenses that are not otherwise assigned within the account.
We also discuss differences between sundry and general expenses. ... nature of these expenses and allocating them to other more precisely defined accounts.
Definition: Sundry expenses are items or expenditures that are rare, amount to ... other standardized general ledger accounts like advertising or maintenance.
A sundry account is a business account where miscellaneous income is reported. This income is not generated by the sale of the company's products or services ...
sundries account definition: the part of a company's accounts used for recording payments made by or to companies that are not regular customers, suppliers, ...
Sundry expenses are costs incurred for small things which can not be categorized ... miscellaneous in nature & are not classified under a specific ledger account.
Sundries (singular sundry) may refer to: Miscellaneous small items, usually of no large value ... Not logged in; Talk · Contributions · Create account · Log in ...