Trade Debtors or Sundary debtors or accounts receivable is the person(s) to whom you sold goods on credit and agreed to receive payment in future.
person(s) to whom you bought goods on credit and who will invoice you
trade creditors is therefore a liability (money that you owe to someone)
Trade Debtors are current assets they are usually meant for the goods
Trade creditors are the person's who lend for business or stock market. There are also weekly and daily loans in India.
A trade creditor is usually someone who supplies you with core products. For example if you are a builder then your trade creditors supply your building materials, fuel for you truck, tools, etc. A sundry creditor is the company that supplies other items like the water cooler in the office, or the company that sold you the window blinds.
Trade creditors are suppliers who Êare allow by a Êbusiness to acquire products , and receive the payment for those products on a later date. On the other hand, trade debtors are Êpeople or organisations or are allowed to buy products from a business and make payment on a later date
No, your creditors, even your potential creditors are prevented by Consumer Trade laws from discussing your information with anyone not specifically authorized by you.
More use of cash for teh business.
They are called stakeholders. Includes: 1) Management 2) Consumer 3) Competitors 4) Creditors (Trade & non-trade) 5) Governments 6) Trade Unions 7) Employees These are the common ones.
Trade Creditors Accrued expenses Prov. for annual leave Prov. for taxation Income in advance
creditors journal
Trade receivable is that amount which is receivable from customers to whom company sold goods on credit while credits are those from whom company purchased goods on credit.
creditors' circulization
creditors have debit balances as advances receive from creditors..........
duties of a creditors clerk