Answer Posted / venkatesh
DEBTOR:
Debtor is the person receives benifit from the company and
this account is show on the assets side of the balance
sheet in the head of current assets.
CREDITOR:
creditor is the person gives benift to the organisation are
company. those accounts are show on the liabilites side of
the balance sheet in the head of current liabilites.
| Is This Answer Correct ? | 6 Yes | 3 No |
Post New Answer View All Answers
Short Answer on ______Budget
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Take me through the entire vendor cycle.
joint venture?
What is revaluation of Accounts, how does it is accounted in business
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
What Question ask in MARKIT Company?
i want the difference p&l a/c and Income and expediture statement
WHAT IS INTEGRAL ACCOUNTING
what is mean by T and E cosept
Short Answer on ________Ad-Valorem Duties
What are the steps involved in converting the trail balance of a foreign branch? Explain the steps involved in incorporating the foreign branch trail balance in HO books
EXPAND___________INMA
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
state and explain THREE types of situation to which accounting concept might be applicable