NCERT Solutions for Class 11 Accountancy Chapter 1 Introduction to Accounting
Sundry Debtors and Sundry Creditors are the stakeholders of the company. For an efficient Working Capital cycle, every company maintains a time lag between the receipt from debtors and payment to creditors. Creditors are the parties, to whom the company owes a debt. Here, the party can be an individual or a company which includes suppliers, …
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