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List Creditors Form

List Creditors Form

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Quick guide on how to complete claims chapter 11

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Video instructions and help with filling out and completing List Creditors Form

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Instructions and help about list creditors secured

hi guys and welcome to this lesson called debtors and creditors today we are going to identify the main difference between our debtors and our creditors before we do that let's start with a scenario say this is company a and this is supplier B and supplier C and over here we have customer D customer e and customer F now if customer d e and f buys on credit from company a that means company a is selling Goods on credit to customer D customer e and customer F then these customer are debtors of company a so they are company A's debt but when company a buys Goods on credit from supplier B and supplier C then supplier B and supplier C are creditors of company a so debtors are people that buy on credit from company a or debtors are customers that company a sells Goods on credit too and supplier B and supplier C are creditors so creditors are all suppliers that company a owes money to in short a DEA is someone who owes money to the company and a creditor is someone or some ent

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