Who are Debtors & Creditors?
Answers were Sorted based on User's Feedback
Answer / karan
Yes , From That side our pending money & collect the money
after some time .
And form second side have to transfer the money to another
person .
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Answer / uttam
The person who purchase the commodities on credit base is
called debtors and the person who sell the commodities on
credit is called creditor.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / madhavan
who purchase the goods on credit basis those are called as
debtors.who sell the product on credit means those are all
called as creditors
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Answer / sravani
debtor is a person who has to pay money to the person from which he took commodity or a product on credit bases he is called as a debtor.
creditor is a person should receive a money from whom the commodity or a product sold on credit bases he is called as a creditor
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Answer / praveen bhuranda
purchase credit base from company is called Debtors, and sell credit base to company is called creditors.
credit purchase= debtors of the comp.
credit sell = creditors of the comp.
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Answer / praveen
Hai this z praveen
In my view
a person who
purchase
commodities nd
not paid price
immediatly is
called debitors.
A person who
sells comodities on
credit base is
called creditor
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / azad
creditor means from whom i purchases any goods and debtor
means whom which was given to the amount of purchased goods
or any thing
Is This Answer Correct ? | 1 Yes | 2 No |
Answer / lakshmana
HI,THIS IS LAKSHMAN PLS SOLVE MY PROBLE THAT I CON'T SPEAK
FLUENT ENGLISH PLS SENT HOW to
IMPROVE.reddy_lakshman86@yahoo.com
Is This Answer Correct ? | 17 Yes | 33 No |
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