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?

Answer Posted / rishikesh

HI I AM RISHIKESH...
According to my point of view..
The person who purchase the commodities on credit base is
called debtors and the person who sell the commodities on
credit is called creditor.


singhrishikesh3@gmail.com

Is This Answer Correct ?    30 Yes 13 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

differences between liabilities and assessts

4320


whts is the meaning of over cost and under cost, what is difference ?

11890


What is T+2 rolli g settlement cycle?

2479


what are the models of valuation of the company

1977


What elements of your job do you find most difficult

5750


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1927


what is waybill key number & how can it be issue?

2337


Expand-------URM

1954


where does the closing stock appears in the trial balance?

1970


Is commodities transaction tax a permissible business expenditure? Explain

2210


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1894


what is the procedure for issuing th C form

2588


why do you think you are sutable candidate for this post

2116


why should we are preparing BRS

2025


what is the difference between financial accouning and financial management?

2208