Explain how most businesses are both debtors and creditors.

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asked Jan 27, 2021 100k views

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Dorsh · Answer 1 · 2021-02-03T10:55:48+0000

Answer:

The reason why most companies are both debtors and creditors is that customers can owe services to companies and they have economic commitments to pay.

Explain how most businesses are both debtors and creditors.

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