Jis party se paise lene hote hai,vo debtors hote hai
Example:-Party to whom sales made
Jis party ko pais dene hote hai,vo creditors hote hai
Example:-Party from whom purchase made or party from whom some expense bill received
Learn more here
http://teachoo.com/805/246/Summary-of-Debit-Credit/category/Rules-For-Debit-Credit/
Written on Feb. 9, 2017, 7:34 p.m.