Answer Posted / shiva shankar
debtor is the person who takes the money by accepting to
pay the interest for a certain period.
creditor is the person who gives the money for sake of
interest.
| Is This Answer Correct ? | 5 Yes | 3 No |
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sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
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