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a question 4 which no 1 has answer ?
if CRedited is written as cr
then why Debit as dr?
though there is no 'r' alphabet in 'debit'?
!!!!!!!!!!!!think!!!!!!!!!!!!!!
Replies (9)
gud q .
The terms Debit and Credit have Latin roots. Debit comes from debere, which means "to owe". The Latin debitum means "debt". Credit comes from the Latin word credere, which means "to believe" or "to entrust". It is more common to use the plural terms "Debits" and "Credits".
This is the origin of words Debit and Credit.
Dr. comes from Debere
and Cr. comes from credere
dr = debit record
cr = credit record
dr. stands for debit recorded.
cr. stands for credit recorded.
Dr stands for Debit Record
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