why v write debit for DR & credit for CR...give me logic...if u knw thn plz tell me how u knw tht
23 Replies
CA. Dashrath Maheshwari
(TaXpert)
(15090 Points)
Replied 25 January 2008
DR stands for Debit Record and CR for Credit Records
Amit Sharma
(article)
(2677 Points)
Replied 26 January 2008
It is just a short form thats all.
Dr:- Debit
Cr:- Credit
pRaSoOn
(Articled assistant)
(500 Points)
Replied 11 February 2008
The answer to that is the following question by me...
pRaSoOn
(Articled assistant)
(500 Points)
Replied 11 February 2008
Why do we call a CHARTERED ACCOUNTANT as C.A.??????
Srinivas Sharma KN
(Tax Consultant)
(292 Points)
Replied 11 February 2008
There is no great logic to applied here. It is simple, Dr is short form of Debit and Cr is short form of Credit.
CS LLB Pulkit Gupta
(https://www.facebook.com/pages/Life-and-Promises/553962034682487)
(16631 Points)
Replied 17 February 2008
Okk let me tell u correct answer.
Earlier people use to maintain two seperare registers i.e. debit register nd credit register respectively.
CS LLB Pulkit Gupta
(https://www.facebook.com/pages/Life-and-Promises/553962034682487)
(16631 Points)
Replied 17 February 2008
So Dr. and Cr. are nothing but the short name of debit and credit.....
Navin Kumar
(211 Points)
Replied 17 February 2008
Please send an email from ur email account to the following address CAfinalstudents-subscribe @ yahoogroups.com and be a part of CA final students group...u can ask ur queries and u will be aware of the group activities...
Sohil Ganeriwala
(Practicing CA)
(308 Points)
Replied 23 February 2008
Dr stands for Debit record and Cr stands for Credit record.
Rajiev Murarka
(business)
(179 Points)
Replied 25 February 2008
how it will look in journal entries if u write debit or credit..every professional course is recognised by short names..like dr. mba. ca etc..
Rajiev Murarka
(business)
(179 Points)
Replied 25 February 2008
so why its called dr n cr. to b accepted by evry organisation
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