An individual or organization that owes an amount to a business is known to the business as a
A) debtor
B) shareholder
C) controller
D) creditor
E) bookkeeper

Question

Quizplus · Accepted Answer

A debtor is someone who owes an amount to a business. Shareholder owns a part of the company, controller oversees the financial operations, creditor is someone who is owed an amount, and bookkeeper is responsible for recording financial transactions.

An Individual or Organization That Owes an Amount to a Business