What are Debtors?

Jordan Macey

What are Debtors? Guide

The term ‚"debtor" refers to an individual or company that owes money, or is in debt to an individual or organisation. An example would be a customer that has purchased a product or service from your business. In the balance sheet, debtors are listed under the current assets section.

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What are Debtors?

Jordan Macey

March 19, 2022

What are Debtors? Guide
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Small Business Accounting

The term ‚"debtor" refers to an individual or company that owes money, or is in debt to an individual or organisation. An example would be a customer that has purchased a product or service from your business. In the balance sheet, debtors are listed under the current assets section.

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