what are trade creditors
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A trade creditor is a supplier who has sent your business goods, or supplied it with services, who you haven't yet paid. The amount that goes on your business's balance sheet for trade creditors is the sum of all its unpaid invoices from suppliers, as at that point in time.
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❥Trade creditors are the bills you need to pay. They're sometimes called creditors, trade creditors or accounts payables. Trade creditors might also refer to the suppliers you owe money to.You might owe a supplier for raw materials, for example.
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