Trade Creditors

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August 31, 2024 5 min read Definitions

Current Liabilities: Short-Term Financial Obligations

Finance Accounting Liabilities Balance Sheet Short-Term Debt Trade Creditors Financial Statements

Current liabilities refer to the amounts owed by a business to other organizations and individuals that should be paid within one year from the balance-sheet date.

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August 31, 2024 4 min read Definitions

Trade Creditors: Obligations in Business Transactions

Finance Accounting Trade Creditors Trade Payables Accounts Payable Business Obligations Financial Management

Trade creditors represent the businesses or entities to whom a company owes money for products and services purchased on credit.

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