Interested to Buy Any Domain ? << Click Here >> for more details...
who is debtor and creditor?
- 4 Answers
- 7698 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / aisha nadeem
Debtor: the person from whom the buisness have to receive
the money or we can say purchaser.
Creditor: the person to whom the buisness have to pay the
maoney or we can say supplier from whom the buisness
purchse materials on credits.
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / kavita
Debtors: Debtors are also called Customers. when we sale
material on credit to party, than they call our debtors.
Creditors: Creditors are also called Supplier. When we
purchase material on credit from party than they called our
suppliers.
| Is This Answer Correct ? | 4 Yes | 4 No |
Answer / lokesh reddy
Y not to say debtor is asset
Creaditor is a liability
| Is This Answer Correct ? | 0 Yes | 0 No |
i had completed my continious service in ltd co for 4.6years,whether i am eligible for gratuity
what is the difference between debtors & bills recievable?
WHAT IS BRS
Mr. S wants to set bank reconciliation start date, from where will he activate the same Answer A. Ledger creation B. Accounting feature C. Configuration window D. Display
My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.
what is the difference between proforma invoice , commercial invoice and invoice
Define the accounting entries for payments
If salary paid per month Rs.60000/-I will deduct TDS from his salary per month
what is fictitious asset
Can you tell me entry tax will be applicable on Spectacles purchase from u s a
what is the loss of a company
what is tds and how it is calculating
Audit 
