why we write DR & CR

CA. Dashrath Maheshwari (TaXpert)     25 January 2008

DR stands for Debit Record and CR for Credit Records

CA Chaitanya (PRACTISING CA)     25 January 2008

Its so simple as that.

Amit Sharma (article)     26 January 2008

It is just a short form thats all. Dr:- Debit Cr:- Credit

pRaSoOn (Articled assistant)     11 February 2008

The answer to that is the following question by me...

pRaSoOn (Articled assistant)     11 February 2008

Why do we call a CHARTERED ACCOUNTANT as C.A.??????

Srinivas Sharma KN (Tax Consultant)     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)     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)     17 February 2008

So Dr. and Cr. are nothing but the short name of debit and credit.....

Navin Kumar   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...