Answer Posted / 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 |
Post New Answer View All Answers
we had company we provide work others they deducted tds how to pass entries in my company please tell me
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
Define fictitious assets?
Apportionment of expenses
how much cash transaction to single transport company per day and also per year
what is profit and loss(dr) in cash flow statement?
what is journal entries for Vehicle loan settled with bank after Sale of the vehicle on profit or loss in case the party paid check direct to Bank .......???
What do you mean by Bill of Exchnage.How to manage ? Explain
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
What is difference between Cash Flow and fund flow
how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.
Tell me in accounting, vat abbreviates what?
Explain me your current/former role, your responsibilities, and how success is/was measured?
SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT
What is dividend warrants?