A person who owes money to the firm is called
Answers
Answered by
1
Answer:
A person who owes money to the firm is called CREDITOR.
Answered by
0
Answer:
creditor
Explanation:
A creditor is an entity, a company or a person of a legal nature that has provided goods, services, or a monetary loan to a debtors
A term used in accounting, ‘creditor’ refers to the party that has delivered a product, service or loan, and is owed money by one or more debtors. A debtor is the opposite of a creditor – it refers to the person or entity who owes money.
Similar questions
English,
2 months ago
Computer Science,
4 months ago
Business Studies,
4 months ago
Math,
9 months ago
Social Sciences,
9 months ago