Dr. for Debit?
This query is : Resolved
CA. PABITRA MOHAN
(Querist)
13 November 2008
We are using Cr. for Credit & Dr. for Debit but 'Debit' does not letter 'r'. Is there any logic/reason behind this?
CA. PRASAD
(Expert)
13 November 2008
Cr is not for Credit but for Credit Recorded & similarly Dr for Debit Recorded.
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