2.In the business sense, and for a particular business a debtor is :?

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2.In the business sense, and for a particular business a debtor is :?

(A)A Current asset of a business
(B)A Current liability of a business
(C)None of above

2006-10-17 00:55:30 · 5 answers · asked by Anonymous in Education & Reference ➔ Financial Aid

5 answers

2006-10-17 01:01:34 · answer #1 · answered by RAMAN IOBIAN 7 · 1⤊ 0⤋

A) Current Asset

2006-10-17 08:54:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋

An asset to the business because they are ppl who bring money into the business

2006-10-17 08:34:25 · answer #3 · answered by MAC C 3 · 0⤊ 0⤋

its certainly the current asset because it represents the would be realisable cash for the concern.. sooner or later it would be converted to real money... (bad debts is a seperate issue).

2006-10-17 10:31:13 · answer #4 · answered by Anonymous · 0⤊ 0⤋

B a debt is a liability

2006-10-17 08:02:29 · answer #5 · answered by momof467309 3 · 0⤊ 0⤋