Accountancy, asked by Princek30, 10 months ago

what do u mean by debtors and creditors​

Answers

Answered by Anonymous
2

Answer:

Explanation:

A creditor is an entity or person that lends money or extends credit to another party. A debtor is an entity or person that owes money to another party. Thus, there is a creditor and a debtor in every lending arrangement. ... Extending credit.

Answered by shrutijain3232
0

In simplest words ever,

Debtor - jinse hum paisa maangte hain.

Creditor - joh humse paisa maangte hain.

Hope u will find this way the easy one..

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