I Need to know the difference between Sundry Debtors, Account Receivables and Book Doubts. They are mostly used as synonyms but there is a difference between them.
09 August 2011
Sundry Debtors - The Real One Business Debtors A/c recbl - Receivable from anyone may be loan amt. Book doubts - Doubtful Debts may be Debtor or Loan Party