A debror is a person who owes money and money worth to the buisness
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Answer:
No
Explanation:
Debtor is a person from whom the business owes money that's why it comes in the asset side of a balance sheet
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Explanation:
A debtor is an person, company or organization who owes money. Debtors are usually people, organizations or companies that have borrowed money in some form. If someone took a loan from a financial institution, the debtor is normally referred to as a borrower.
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