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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

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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

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