Accountancy, asked by jazzjoy4127, 1 year ago

How is debtors account prepared.

Answers

Answered by isha2425
2
A debtor is a person or entity that owes money. In other words, the debtor has a debt or legal obligation to pay an amount to another person or entity. For example, if you borrow $10,000 from a bank, you are the debtor and the bank is the creditor.

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