hello
anyone knows that we use Cr. for credit
so why we use Dr for debit
the ques t is cheap
but plzz help me
thnxxxx n advance
hello
anyone knows that we use Cr. for credit
so why we use Dr for debit
the ques t is cheap
but plzz help me
thnxxxx n advance
CA MAZHER MAJEED KHAN
(business)
(1644 Points)
Replied 03 July 2012
DR and CR are abbreviations of latin words, debit in latin is 'depere' (meaning 'to owe') and credit is 'credere' (meaning 'to believe')