Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

who is debtor? who is creditor?

Answer Posted / harshad

Debtor is a Saler for eg.If A sold goods to B. so B is a
debtor of A.Because A receive money from B

Creditor is Purchaser for eg. If X Purhase goods from
Y.than y is a creditor to X. Because X Paid money to y.

Is This Answer Correct ?    112 Yes 32 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.

2286


what is contribution? how does it help in taking managerial decisions?

2016


how to account branches in tally

2483


The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

11520


Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?

1992


what are the different methods of teaching share and debenture to pre degree students

1978


Do you know the term account payable?

1085


Which kind of transactions are not recorded in the books of account?

1879


TDS %AGE ON CALLIBRATION CHARGES BILL

2114


Do you think there is any difference between inactive and dormant accounts?

1226


How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)

1977


In accounting equation what is the treatment of investment in shares??

1557


How calculate holding company account?

2187


while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

3414


Do you know company's payable cycle?

1134