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 are Debtors & Creditors?

Answer Posted / manoj hegde

DEBTOR IS THE person who owes money to the business.
creditor is the person to whome the business owes money.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2407


What is DECR And for wt it is used?

2100


Telly ERP9 is perfect accounting softwear in excise unit.

3758


Expand-------ASRT

2208


Explain why retained earnings have an opportunity cost associated?

3477


Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

2259


what are responsibilities of an accountant in a company?

2053


what is purchase consideration?

2176


what are the type of cash flows?

2735


WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS

2278


What is difference between cash flow and funds flow?

2331


What is a bad credit score?

2068


Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1897


what is CDD’s configuration

2322


WhatIs the limit of duty exemption in smal scale industries.

2194