Creditors are people to whom a company or individual owes money. For example, if I buy groceries from the local store and don’t pay cash, but promise to pay the shop keeper next week, the store is a creditor of me.
- Peggy Bishop Lane on Why Accounting Is the Language of BusinessAre you interested in a career in accounting? In this video interview with Wharton accounting professor Peggy Bishop Lane, KWHS summer intern Marisa DePuyt explores all angles of accounting, from the messages inherent in the numbers to the importance of integrity.
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