Question

Distinguish between Debtors and Creditors.​

Answer 1

AnswEr :

⛈ Debtors ↣ Debtors are the persons who owe an amount to the enterprise for the goods sold and service provided to them on credit.

⛈ Creditors ↣ Creditors are the persons who are to be paid an amount by the enterprise for buying from them goods and services on credit.

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