A

Admin • 802.91K Points
Coach

Q. The term 'creditor' denotes:

  • (A) A person who owes money to the business
  • (B) A person to whom business owes money
  • (C) An employee of the business
  • (D) An investor in the business
  • Correct Answer - Option(B)
  • Views: 3
  • Filed under category Accounting
  • Hashtags:

Explanation by: Admin
Creditors are persons or entities to whom the business owes money.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.