Learn more Only 1 left in stock - order soon. One of the leading casebooks in the field, The Law of Debtors and Creditors features forty problem sets with realistic questions a lawyer considers in confronting the statutory provisions for a bankruptcy case. Explanatory text throughout makes bankruptcy law accessible to students and easier to teach.
Debtor and Creditor Journals are direct adjustments to the balance on a Supplier's or Customer's account without making a normal entry in one of the day books. An example would be where you have a Customer's account with a small balance which you wish to write off in the accounting software. This can be done by making a Debtors Journal entry.
Debtors and creditors work in tandem in everyday life, potentially a lot more than you realise. Take a bank’s company credit card service for example. A business customer of the bank signs up for the credit card because they want to throw an end-of-quarter celebration for their staff and go all out with a catering service.
Explanatory text throughout makes bankruptcy law accessible to students and easier to teach. Because it divides the subject between consumer and business bankruptcy, professors can select the depth of coverage for each subject in designing a two-, three-, or four-credit class.