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what is the debtor & creditor, i am purchasing a good then,"
who is the creditor"
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Answer Posted / naresh kumar
DEBTOR : THE COMPANY WHICH IS LIABLE TO PAY THE AMOUNT TO
THE OUTSIDER IS CALLED DEDTOR.
CREDITOR : THE COMPANY WHICH IS LIABLE TO RECEIVE THE
AMOUNT FOR THE OUTSIDE IS CALLED CREDITOR. SELLER IS THE
CREDITOR.
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