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Sundry creditors

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(Querist)
07 November 2012 when any party is our Sundry creditors then in our books which type of balance is show debit or credit ?
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CA Dileep Surya Kumar

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CA Dileep Surya Kumar (Expert)
07 November 2012 Obviously Credit balance.

However in some cases like advance may show debit balance.
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vaithy

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vaithy (Expert)
07 November 2012 Sundry creditor balance shows credit balance. in the liability side in the balance sheet.if its advance payment shows in the debit balance
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