Sundry Creditors
Sundry Debtors
Goodwill
None of the above
Answer is Right!
Answer is Wrong!
The correct answer is: D. None of the above
Sundry creditors and sundry debtors are current assets, while goodwill is an intangible asset. Non-current assets are assets that are not expected to be converted into cash within one year or the operating cycle, whichever is longer. Examples of non-current assets include property, plant and equipment, intangible assets, and investments.
Sundry creditors are short-term debts that a company owes to its suppliers. Sundry debtors are short-term receivables that a company has from its customers. Goodwill is an intangible asset that arises when a company acquires another company for more than the fair value of its net assets.
I hope this helps! Let me know if you have any other questions.