Accountancy, asked by jasvirkaur03404, 7 months ago

increase in amount of debtors results in​

Answers

Answered by abhishekrawat8076593
0

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Answered by anjaligautam82874
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Answer:

A debtor is a person who owes money.

In other words, debtor is a person who borrows money and is obliged to pay the amount in a certain period of time.

Hence, increase in the amount of debtors results in decrease in cash of the company.

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