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?

Answers were Sorted based on User's Feedback



Who are Debtors & Creditors?..

Answer / karan

Yes , From That side our pending money & collect the money
after some time .
And form second side have to transfer the money to another
person .

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / uttam

The person who purchase the commodities on credit base is
called debtors and the person who sell the commodities on
credit is called creditor.

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / madhavan

who purchase the goods on credit basis those are called as
debtors.who sell the product on credit means those are all
called as creditors

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / sravani

debtor is a person who has to pay money to the person from which he took commodity or a product on credit bases he is called as a debtor.


creditor is a person should receive a money from whom the commodity or a product sold on credit bases he is called as a creditor

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / praveen bhuranda

purchase credit base from company is called Debtors, and sell credit base to company is called creditors.

credit purchase= debtors of the comp.
credit sell = creditors of the comp.

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / praveen

Hai this z praveen
In my view
a person who
purchase
commodities nd
not paid price
immediatly is
called debitors.
A person who
sells comodities on
credit base is
called creditor

Is This Answer Correct ?    0 Yes 0 No

Who are Debtors & Creditors?..

Answer / azad

creditor means from whom i purchases any goods and debtor
means whom which was given to the amount of purchased goods
or any thing

Is This Answer Correct ?    1 Yes 2 No

Who are Debtors & Creditors?..

Answer / lakshmana

HI,THIS IS LAKSHMAN PLS SOLVE MY PROBLE THAT I CON'T SPEAK
FLUENT ENGLISH PLS SENT HOW to
IMPROVE.reddy_lakshman86@yahoo.com

Is This Answer Correct ?    17 Yes 33 No

Post New Answer

More Accounting AllOther Interview Questions

Concept of forward/futures, call/put option, arbitrage, hedging, speculation, collateral management?

2 Answers   Mellon,


WHAT IS THE DIFFERENCE BITWEEN RESERVE & PROVISION?

3 Answers   Genpact,


Expand U L I P

1 Answers  


journal entry for depreciation

5 Answers  


company prepares accounts sometimes on cash basis , sometimes on accural basis A)TRUE B)FALSE C)SOMETIMES TRUE D)SOMETIMES FALSE

11 Answers   Genpact,


how an accountant can do budgetery controls of expenses?

0 Answers  


How do you avoid loss situation

0 Answers   IBM, Telco,


What is double entry book keeping?

2 Answers   GMC,


what does debit and credit mean in accounting and what is its underlying concept and its treatment. in the cash book dr means receipt nad credit means payment? is it correct?

4 Answers  


Why we Deduct TDS?

11 Answers  


what is the difference between tally9.0 and tally9.1 version

2 Answers  


what is ment by memorandom of association?

14 Answers   Capital IQ, Nestle,


Categories