TRADE DEBTORS Definition

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TRADE DEBTORS represent amounts of money owed by customers who have purchased goods/services from the company.

Learn new Accounting Terms

CFO is an acronym for: a. Cash Flow From Operations; or, b. Chief Financial Officer. The CFO is the officer in a corporation responsible for handling funds, signing checks, the keeping of financial records, and financial planning for the company.

FX ACCOUNT (Foreign Exchange Account) is a trading account usually based in foreign currencies.

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