The Various Types Of Trade Debtors - Alexander Ene
Debtors are monetary claims against others. Debtors are acquired mainly by selling goods and services, or by lending money. Managing trade debtors is an important part of the businesses cash management proccesses. The three most common type to debtors are: accounts receivable or trade debtors, notes receivable and all other types of receivable which we'll just call other debtors. Let's learn a little bit more about each of these in detail.