Good day, my question goes thus, if in a question on multilateral netting the question says owed by and owed to
Example owed by Kenduri and owed to Lakama 4.5 us dollars As in 2013 June question. Who is the debtor and who is the creditor Thanks
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Multilateral netting
10y ago#1In Kenduri's books, Lakama is a creditor (because K owes money to L).
In Lakama's books, Kenduri is a debtor (because L is owed money by K)
Thank you
10y ago#3You are welcome :-)
... There was my question but I found answer myself, sorry
10y ago#5Do you mean I have missed one of your questions? If I have then I am sorry.
Anyway I please that you have found the answer :-)
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