Business, Legal & Accounting Glossary
Persons who buy goods or services from a business in the normal course of trade and are allowed a period of credit before payment is due.
A trade debtor is a customer who hasn’t yet paid you for your goods or services. The amount that goes on your business’s balance sheet for trade debtors is the sum of all its unpaid invoices as at that point in time.
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This glossary post was last updated: 12th December, 2019 | 2,061 Views.