A person who owes money to the firm is called

Related MCQs

• A person who owes money to the business is a __________
• A _________ is a person to whom business owes money
• All those to whom business owes to money are
• X a debtor is declared insolvent and only 25 paise in a rupee is recovered from his estate. If X owes ` 5,000 to Y, Y would debit Cash A/c by —
• An annual payment which an insurer guarantees to pay for lump sum money received in the beginning is called ………….
• The amount of money owed by a business to outsider is called _____
• The excess amount which the firm can get on selling its assets over and above the saleable value of its assets is called Sol:
• Property received as a result of the will of the deceased person is called: Sol:
• A person who take property on lease is called customer Sol:
• The person who send the goods to the agent to be sold by him on commission is called