What is the distinction between debtor and creditor?
On accounting basics, I wanted to know the difference between debtor and creditor
- Meghana
- 22 Jul
- 516 Views
- 12 Answers
Your Answer
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MurugeshMM
- 11 Jul
Debtor is a person from whom we have to receive money against any supply or services rendered and Creditor is a person to whom we have to pay money against receipt of goods or services
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