Creditors and Debtors - What's the difference?
In this video, we'll explain the difference between creditors and debtors. If you're confused about these terms, we've got you covered!
00:00 - Introduction
00:22 - Confused by the accounting jargon?
00:40 - Creditors (Payables)
00:56 - Debtors (Receivables)
01:20 - What it may look like on your balance sheet
To read more about Creditors and Debtors, check out our article ► https://www.theaccountancy.co.uk/unde...
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