Accountancy, asked by sivadas1936, 9 months ago

3. who is the debtor

Answers

Answered by vibhu51104
2

Explanation:

A debtor is an entity that owes a debt to another entity. The entity may be an individual, a firm, a government, a company or other legal person. The counterparty is called a creditor. When the counterpart of this debt arrangement is a bank, the debtor is more often referred to as a borrower.

Answered by shubhangisax8081
1

Answer:

debtor is that person who owns the debt from another person..

hope it helps...

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