Trending Credit Discussions

 

Answer added by  Georgieva Veliyana, Sales And Marketing, Dental Implanotlogy Clinic Nurident
2 years ago

A debtors is someone who owes something to another entity. A creditor is the entity to whom something is owed.

 

Answer added by  Suhail Bhat, Finance Accountant, Abdul Jalil Mehdi Mohd Al Asmawi Group of Companies
2 years ago

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

 

Answer added by  SHAMEEMUR RAHMAN CHITTANAE, Asst Manager, M/s. International Travel House Ltd
2 years ago

DEBTORS MEAN RECEIVABLES/ASSET CREDITORS MEAN PAYABLES 

 

Answer added by  supriya Shrivastava, Strategy Associate Consultant, Empact Consulting
2 years ago

cREDITOR IS ONE WHO LENDS MONEY AND DEBOTR IS ONE WHO BORROWS IT

 

Answer added by  Yusuf Khan Mohammed, Senior Executive - Finance & Accounts, AG Melco Elevator Co., LLC
2 years ago

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

Difference between debtor & creditor?‎

 

Answer added by  SOBICHAN MICHAEL, Accountant, Aroma FoodStuff Manuf. &Trading LLC
2 years ago

 in short meaning Debtor are  company receivables/customers And creditors are  company payables/Suppliers‎

 

Answer added by  Chenny Bangod CPA, General Accountant, Khonaysser Power Factory (Khonaysser Group)
2 years ago

Creditor is the one who lends money while debtor is the one who borrows it.

A credit entry of Rs450 on X's account in the books of Y could have arisen by ?‎

accounting Journal entries‎

 

Answer added by  Messipsa Hammani, Stagiaire banque , BADR Algérie
2 years ago

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