ACCOUNTING FOR BAD DEBTS | Accounting | NTA NET Paper 2
Sundry Debtors The sum total or aggregate of the amounts, which the customers owe to the business for purchasing goods on credit, is known as Sundry Debtors, or Trade Debtors, or Book Debts or simply Debtors. These sundry debtors may again be classified as under: Good Debt: The debts which are sure to be realized […]
