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MakcuM [25]
3 years ago
5

If creditors balance sheet liabilities and payment​

Mathematics
1 answer:
pantera1 [17]3 years ago
5 0

Creditor is considered to be a liability in the accounting to whom the person owes a payment.

<u>Explanation:</u>

Creditor is an accounting expression to show a gathering that has conveyed an item, administration or advance, and is owed cash by at least one account holders. Banks are substances, organizations or individuals of a legitimate sort who have given merchandise or benefits, or lent cash to an account holder.

A term utilized in accounting, creditor refers to the gathering that has conveyed an item, administration or credit, and is owed cash by at least one indebted individuals. A borrower is something contrary to a loan boss – it alludes to the individual or substance who owes cash.

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