Debtors are the parties who has to owe to the organisation 
and creditors are those parties to whom we have to owe.

from whom we purchase products are creditors for us
persons purchased from us are the debtors for us

Credit purchases done from concern party,individual or company is known as 
creditors and credit sales done to concern party , individual or company are 
known as debtors

The person who purchase the commodities on credit base is 
called debtors and the person who sell the commodities on 
credit is called creditor.

DEBITOR IS A PERSON WHO OWES MONEY TO BUSINESS AND CREDITOR 
IS A PERSON TO WHOM BUSINESS OWES MONEY.

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debtor is a person who have to pay money to the business is 
called debtor

creditor is a person to whom the business have to pay the 
money is called creditor.

Debtors Means: ( Who purchase Credit.)

  ( E.g)        Purchase A/c   Dr 

                     To Dhawan ( Party Account)

          ( In Debtors Books)


  Creditors Means: ( Who sale Credit )

  ( E.g)       Rajinder A/c    Dr ( Party Account)

                    To sale  
 
            ( In Creditors Books)

Hi Madhubala,

I am not agree with you. You should add Credit on your 
answer

The person who purchase the products on credit base is 
called debtors and the person who sell the products on 
credit is called creditor.

HI I AM RISHIKESH...
According to my point of view..   
The person who purchase the commodities on credit base is 
called debtors and the person who sell the commodities on 
credit is called creditor.
  

singhrishikesh3@gmail.com

debtor are the people who owe money for goods & services we 
have supplied to them,they are our debtor.creditor are the 
people to whom we owe money for goods & services bt them to 
us on credit