Trade creditors,
Definition of Trade creditors:
Suppliers who are owed payment for raw materials or a products component parts by the manufacturer. In business accounting applications, trade creditors and the amounts owed are listed in the companys balance sheet as liabilities.
Credit given by a supplier to a customer in trade or business, typically the provision of goods or services on account, with a specified period for settlement.
Meaning of Trade creditors & Trade creditors Definition
