Difference between revisions of "Creditor"
(Created page with "Creditor (alternatively known as byby; hereinafter, the ''byby'') is . ==Definitions== According to College Accounting: A Practical Approach by Slater (13th editio...") |
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| − | [[Creditor]] | + | [[Creditor]] is anyone who has a claim to assets of a [[legal entity]], but not an owner of this entity. For instance, a [[creditor]] can be the person or business to whom another business owes money for purchases made. |
==Definitions== | ==Definitions== | ||
According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
| − | :[[Creditor]]. | + | :[[Creditor]]. Anyone who has a claim to [[assets]]. |
==Related concepts== | ==Related concepts== | ||
*[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | *[[Bookkeeping]]. Recording, filing, and retrieving of [[financial data]], as well as producing those [[financial report]]s that are required by laws. | ||
| − | ==Related | + | ==Related lectures== |
*[[Bookkeeping Quarter]]. | *[[Bookkeeping Quarter]]. | ||
[[Category: Septem Artes Administrativi]][[Category: Articles]] | [[Category: Septem Artes Administrativi]][[Category: Articles]] | ||
Latest revision as of 19:35, 4 January 2019
Creditor is anyone who has a claim to assets of a legal entity, but not an owner of this entity. For instance, a creditor can be the person or business to whom another business owes money for purchases made.
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.
