Difference between revisions of "Creditor"
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− | [[Creditor]] is anyone who has a claim to [[assets]]. | + | [[Creditor]] is anyone, but the owner, who has a claim to [[assets]] of an [[organization]]. |
Revision as of 14:03, 17 December 2018
Creditor is anyone, but the owner, who has a claim to assets of an organization.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
Related concepts
- Bookkeeping. Recording, filing, and retrieving of financial data, as well as producing those financial reports that are required by laws.