Question

who is debtor and creditor

Answer 1

Hey mate here is your answer

A debtor is a person or enterprise that owes money to another party. (The party to whom the money is owed is often a supplier or bank that will be referred to as the creditor.) A creditor is a person, bank, or other enterprise that has lent money or extended credit to another party.

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Answer 2

A debtor is a person to whom we sold goods /provided services on credit (deferred cash payment).

Debtors are also called as Trade Receivables.

A creditor is a person from whom we bought goods on credit .

Creditors are also called Trade Payables.