Interested to Buy Any Domain ? << Click Here >> for more details...
who is the creditor and debtor
- 8 Answers
- 14398 Views
- AXA, IBM, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / akansha
in accountancy the giver is called creditor and reciver is called debtor
| Is This Answer Correct ? | 23 Yes | 3 No |
Answer / shivangi agrawal
creditor is the person to whom we owe some money as we
purchased goods from him.
debtor is the person who owes money to us as we sold goods
to him.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / ragini kumari
Creditor:The person whom money is owing by the firm for providing goods or services are called as creditor.
Debtor:The person who owe to an enterprise an amount for receiving goods or services on credit are termed as debtor.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / anchit saxena
Creditor means a person from whom goods r purchased and
Debtor means a person to whom goods r purchased.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / vishakha gandhi
creditors : busines purchase goods from any party or any
company those person called creditors.
debtors : business sold goods any customer or any company
those personcalled debtors.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / anchit saxena
hello viewers, actually i was posted a wrong answer due to
my mistake so i m posting a new answer right now:
Creditor means a person from whom goods are purchased.
Debtor means a person to whom goods are sold.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / srilatha
we are purchase all comes on sundry creditors.
we are sale to items comes on sundry debtors.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harbrook
Creditors are ( Who we owe to, it could be from purchasing goods or services on credit, or just a loan from a bank, organization or person.
Debtors are( who owe us) it could be people to whom we sold goods on credit, or provided service on credit to, or loaned money to.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is Journal Entry of Depreciation ?
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
What is diffrence between Satutory Liquid Ration and Cash Reserve Ratio?
difition of reserve & surplus
At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount
Mention what are things will not be included in a bank reconciliation statement?
8- What do you understand by accounts receivable and accounts payable and its schedule?
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
Tell me what does the standard journal entry includes?
What are the 5 basic accounting principles?
What is the journal entry for due salary
WHICH QUESTIONS ASKED IN EPFO IN 2009.
Audit 
