creditors meaning
This query is : Resolved
A D - Loving Life
(Querist)
04 January 2009
Are trade creditors & creditors the same?
23 September 2010
Trade Creditors are the ones that arise during the course of business through sales.
All Trade creditors are creditors, but not all creditors are trade creditors.
If you have advanced money to some to someone he can become a creditor to you (to the extent of the amount you advanced)
All Trade creditors are creditors, but not all creditors are trade creditors.
If you have advanced money to some to someone he can become a creditor to you (to the extent of the amount you advanced)
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