A party to whom the entity owes money for goods or services provided to the entity is called a:

Name: A party to whom the entity owes money for goods or services provided to the entity is called a:
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Question

Quizplus · Accepted Answer

A creditor is a party to whom the entity owes money for goods or services provided to the entity. This is the definition provided by the question, and "creditor" is the term commonly used in accounting and finance to refer to this party. Choices B, C, and D are not relevant to the definition given.

A Party to Whom the Entity Owes Money for Goods