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Answer Posted / h.r. sreepada bhagi
A Zero debt company is one which has not borrowed any money
from banks, financial institutions or others for long or
medium term requirements or for working capital. Since
there's no debt, the company will have no commitment for
repayment or servicing of interest.
In the present world, Zero Debt Company is a rare scenario.
Zero Debt. concept is not related to Sundry Debtors or
receivables in a company.
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