DR for Debit and CR for Credit
This query is : Resolved
Nagendra Kumar
(Querist)
29 January 2008
why we write DR notation for Debit and CR notation for Credit
K V Subba Rao
(Expert)
29 January 2008
That is the prerogative of person who took pains to abbreviate the two words first as parents have for naming their child
29 January 2008
When we enter a transaction then if it gives a debit effect we write Dr., which means that itz a DEBIT RECORD.
here record means transaction as u should aware off... thats it
here record means transaction as u should aware off... thats it
29 January 2008
like wise we write Cr. for a credit record.
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