📖 Samacheer Kalvi · 11th TN - English Medium · Accountancy · Page 9question

INTRODUCTION TO ACCOUNTING · Part 11

Chapter 6: INTRODUCTION TO ACCOUNTING · Accountancy

accounting information for their purposes. They are: (i) Creditors and financial institutions Suppliers of goods and services, commercial banks, public deposit holders and debentureholders are included in this category. They are interested in knowing the liquidity position and repaying capacity of the business to ensure the safety of getting the amount due to them or interest and the principal amount. (ii) Investors Persons who are interested in investing their funds in an organisation should know about the financial condition of a business unit while making their investment decisions.

They are more concerned about future earnings and risk bearing capacity of the organisation which will affect the return to the investors.

Related topics

Have a question about this topic?

Get an AI answer grounded in your actual textbook — with the exact page reference.

Ask AI about this topic →