Creditor is an individual that lengthen credit by giving another individual authorization to have a loan of wealth if it is salaried back at a later date. Creditors can be classified as either personal or real. Those people who borrow money to friends or family are personal creditors. Real creditors have legal deals with the borrower

Parties Interested in Accounting Information

Parties Interested in Accounting Information: Learning Objectives: Explain, who may be interested in accounting information of a company or firm? Name the parties interested in accounting information and state their basic interests therein. Why managers are interested in providing accounting information? There are a