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.
Trade receivables arising in normal course of business but other receivable is not.
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 receivables
Trade receivables is what a business is due after delivering goods or services. This is typically for a short time period and would be considered an asset for the business.
true but i don't know why?
Trade receivables arising in normal course of business but other receivable is not.
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
It has reverse effect on that and it will decrease your cash flow.
Trade receivables
Trade receivables is what a business is due after delivering goods or services. This is typically for a short time period and would be considered an asset for the business.
true but i don't know why?
Trade creditors are the person's who lend for business or stock market. There are also weekly and daily loans in India.
the answer is banana
No, a debtor and trade receivable are not the same, though they are closely related. A debtor refers to an individual or entity that owes money to another party, typically due to credit extended for goods or services. Trade receivables, on the other hand, specifically refer to amounts owed to a business by its customers for goods or services sold on credit. In essence, all trade receivables are debtors, but not all debtors are classified as trade receivables.
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What is the difference between a single trade discount and trade discount series? In: http://wiki.answers.com/Q/FAQ/2547-72 [Edit categories]