Question

Which transaction discloses relation of debtor and creditor ?
(a) Goods purchased of * 8000.
(b) Goods of 8000 purchased from B.
Goods of * 8000 purchased through cheque
(d) Goods destroyed by fire 8000​

Answer 1

Answer:

d is the correct answer

Answer 2

Answer:

Goods purchased of * 8000 is the correct alternative.

Explanation:

A creditor is a business or lender who transfers money or loans to another party. A debtor is a business or person who owes money to another organization. So, there is the debtor and the debtor in all the lending arrangements.