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A debtors is someone who owes something to another entity. A creditor is the entity to whom something is owed.
Debtor is the entity or person who owes money or money's worth to another person or entity for the services or goods transfered. Creditor is the entity or person to ... See More
DEBTORS MEAN RECEIVABLES/ASSET CREDITORS MEAN PAYABLES
A debtor is a customer who has purchased a good or service and therefore owes their supplier money in return. A creditor is a person, enterprise or bank who has lent mon ... See More
Creditor is the one who lends money while debtor is the one who borrows it.
The debtor is the person who has a debt to the creditor. This debt can take different forms: it can be an amount of money, which the debtor must pay to the creditor. it m ... See More
accounting Journal entries