Hi Sagar
Party to whom we have to pay some amount is called Sundry Creditor
Example
If we purchase goods of 100000 from A
We pass entry
Purchase Dr
To A
in this case,A is a Sundry Creditor
Sundry Creditor can be for expenses too
Example
Suppose we receive Telephone Bill from Airtel of 3000
We pass entry
Telephone Exp
To Airtel
In this case,Airtel is a Sundry Creditor
Written on Jan. 11, 2017, 6:54 p.m.