Creditors (Control Account)

Business / Accounting / Creditors (Control Account): An account in the nominal ledger which contains the overall balance of the Purchase Ledger.

Debtors (Control Account)

Business / Accounting / Debtors (Control Account): An account in the nominal ledger which contains the overall balance of the Sales Ledger. MORE

Creditors Committee

Business / Finance / Creditors Committee: Lender of money. MORE

Creditors (Control Account)

Business / Accounting / Creditors (Control Account): An account in the nominal ledger which contains the overall balance of the Purchase Ledger. MORE

Creditors

Business / Accounting / Creditors: A list of suppliers to whom the business owes money. MORE

Best-Interests-Of-Creditors Test

Business / Finance / Best-Interests-Of-Creditors Test: The requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated. MORE

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