In Tally prime and also general under Balance sheet on liabilities side sundry creditors having Debit and credit balances
credit side means what if my amount shows?? and debit side shows means what?
Credit side means what if my amount shows??
- If Sundry Creditors balance showing Credit side then You will pay the amount to Creditors. Bcoz, Some of the bills in outstanding.
and debit side shows means what?
- If Sundry Creditors balance showing in Debit side then You paid excess amount to the Creditors and it's should be collected or Buying material/service.
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