Question

2
- A person
to whom amount is payable​

Answer 1

Answer:

creditors are person and/or other entities who have been to be paid by an enterprise amount for providing the enterprise goods and services on credit.

Answer 2

In simple words, it is always drawn by the creditor on the debtor. The person who draws is known as the 'drawer' and the person on whom it is drawn is known as the 'drawee' or 'acceptor'. The person to whom the amount of money is payable to is known as the 'payee'

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