Question

explain the meaning of any three of the following term creditor entity trade receivable​

Answer 1

Answer:

Creditor: creditor refers to the party that has delivered a product, service or loan.

Entity: An entity is something that exists by itself, although it need not be of material existence.

Trade receivable: Trade receivables arise when a business makes sales or provides a service on credit.

Hope it helped......................

Pls mark as brainliest...........

Answer 2

Explanation:

Creditor: A creditor is a person, bank, or other enterprise that has lent money or extended credit to another party.

Entity: In accounting, a business or an organization and its owners are treated as two separately identifiable parties. This is called the entity concept. The business stands apart from other organizations as a separate economic unit.

Trade receivable: Trade receivables arise when a business makes sales or provides a service on credit.

Hope it helped......................

Pls mark as brainliest...........