Letter grading is a prevalent system. adjective. The definition of prevalent is widespread, well known or in general use. An example of prevalent is the use of a letter grading system in colleges. prevalent. prevalent.
Answer / saif. A debtor/Accounts receivable is a person who owes to money to the business as he has received some benefit from the business. A Creditor/Accounts Payable is a person to whome the business owes money as he has given some benefit to the business.
Sundry Debtor is a individual/farm who will purchase a good or services on credit and he have to pay for it , sundry creditor is a individual/farm who will Provide a goods or services to our farm/particulars and we have to pay for it. Answer / abdul hassan.