Accountancy, asked by roshan2905, 6 months ago

explain the term creditors ​

Answers

Answered by sanjanaN2732006
3

Answer:

A creditor is an entity (person or institution) that extends credit by giving another entity permission to borrow money intended to be repaid in the future. ... People who loan money to friends or family are personal creditors.

Explanation:

hope it helps......

Answered by nikitabhati314
1

Answer:

a person or company from whom you have borrowed money

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