What Are Debtors in UK? A Complete Business Guide

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2026-09-16 05:33:34 -

What Are Debtors in Uk? In simple terms, debtors are people, customers, or organisations that owe money to a business. In UK business accounting, the term is commonly associated with customers who have received goods or services but have not yet paid for them. The amount owed is normally recorded as a trade receivable until the customer settles the invoice. Understanding What Are Debtors in Uk...

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