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Which one you give more respect and reason for that? 1. Debtor, 2. Creditor

Accounting Tally
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Question added by Kripesh Krishnan Kutty Nair , Merchandiser , Al Seer Group
Date Posted: 2013/06/17
Upvote (1) Views (11) Followers (4) Answers (7) Report Question
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Kamran Muhammad
by Kamran Muhammad , Parts Administrator , Samaco

Both of them are important.
if you ignore one of them will result decrease in sale or credit facility.

Mohammed Ahtesham Ull Haq
by Mohammed Ahtesham Ull Haq , Accounts Payable Executive , Energia Model General Contracting Co Ltd

1. Debtor ( Because customers are assets for the company)

saji sajisundersingh
by saji sajisundersingh , Senior Accountant-Payable & GL , Dubai Health

Both of ledger is important , otherwise that company will go loss ( it means if you give important for one side)

Asgarali KAPASI
by Asgarali KAPASI , HOD - ACCOUNTS AND TAX , A. M. HASANALI & SONS

Both are equally important in business.

RATHEESH KANDEN KULANGARA
by RATHEESH KANDEN KULANGARA , Audit Team Lead , T Sriram Mehta & Tadimalla

Both of Them are Important but Creditor is more important because of chance of Favorable credit Facilities and discount, The most favorable credit facility will be helpful for Working Capital Cycle

Md Saadat Hossain
by Md Saadat Hossain , Ex. Branch Manager , BRAC Bank Ltd

Debtor, because it maximize the chance for profit

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