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debtor

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Q: What term describes any supplier to whom the business owes money?
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Related questions

Which term describes the amount of money the nation owes?

Debt


Mean of liability and ten examples?

a liability is what the business owes e.g. loans, bank overdraft, owing a supplier for inventory


What best describes an asset anything of value owned by the business always equal to the liability listed of the right had side of a balance sheet something that a business owes?

Anything of value owned by the business.


What is a debtor ledger?

its a ledger which contains a personal account for every debtor who owes some money to a business


Do debtors and accounts receivable mean the same thing?

No. A debtor is someone who owes money, and the debt is the money he owes. An account receivable is an amount of money due to a business arising in the course of the business. Accounts receivable are debts and the people who are bound to pay them are debtors. However, debts can arise in circumstances that have nothing to do with the operation of a business. In such a case, the term "account receivable" which is only applicable to business accounting does not apply. The money owed is a personal debt.


What is a subsidiary debtor ledger?

its a ledger which contains a personal account for every debtor who owes some money to a business


Person who owes money?

A person who owes money is a debtor. To owe money means that you must pay someone else.


Can you sue a bankrupt who owes rent?

Yes, you can sue anyone who owes you money


How can you find out if a business owes back taxes?

To find out if a business owes back taxes, you should contact the IRS. The business tax number to call is (800) 829-4933.


The tooth fairy owes you money how do you get it back?

Since the tooth fairy owes you money talk to you mom and dad about it and ask why that is.


What is the name of a person who owes money?

A person who owes is a 'debtor' A person who is owed to is a 'creditor'


Who owes china money?

America