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Who is debtor and creditor

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Who is debtor and creditor

    • Posted by Rishi Sharma 6 years ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Saloni Jain 6 years ago

    A debtor is a person who owes to the firm an amount and is an asset for the business Whereas, a creditor is a person to whom a firm owes money and is a liability for the firm

    3Thank You

    Rashi ? Gupta 6 years ago

    Creditors are people to whom firm given the money after taken services

    2Thank You

    Rashi ? Gupta 6 years ago

    Debtor is people from which firm taken money after rendering services

    2Thank You

    ANSWER
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