A person who owes money to the business is a ________

A person who owes money to the business is a ________ Correct Answer Debtor

Debtors are stakeholders who owe money to the business. Debtors are typically customers who have taken possession of goods or services from a business but have not yet paid the business for those goods and services. The English word debtor is derived from the Latin word 'debere' meaning 'to owe'. So in accounting, customers who owe money to the business are called debtors.
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