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What is the difference between debtors …

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What is the difference between debtors and creditors

    • Posted by Dhriti Arora 7 years, 11 months ago

    CBSE > Class 11 > Accountancy
    • 2 answers

    Lovely Dhawan 7 years, 11 months ago

    Debtors are those who purchased the good n not give the money at that time n creditors are those who give the goods to debtors

    2Thank You

    Syed Khabib 7 years, 11 months ago

    Debtors means those persons or firms to whom good s have been sold or services rendered on credit. *Creditors means those persons or firms from whom goods have been purchased or services procured on credit.

    2Thank You

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