Question

Debtors is Person (option) A. From whom goods are purchased B. To whom goods are sold C. From Goods are Perchased or sold D. To whom cash is laid ​

Answer 1

Answer:

d. debtor is the person to whom cash is laid

Answer 2

Answer:

D. To whom the cash is laid.

Explanation:

• A person or business that owes money is known as a debtor.
• The debtor is known to as a creditor if the debt is a loan from such a financial institution, and the debtee usually referred to it as an issuer if the debt will be in the form of a bond or other type of security.
• If you owe money to someone else, you are a debtor. A person who declares bankruptcy is sometimes referred to as a debtor.
• The phrases "borrower" and "debtor" are almost synonymous. When someone borrows money, they incur debt to the a lender nor financial organisation.
• An entity (person or organisation) that extends credit through allowing another entity to borrow money with the intention of repaying it in the future is referred to as a creditor.

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