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why we write DR & CR


Rahul Sharma (CA Final )     25 January 2008

Rahul Sharma
CA Final  
 4 likes  56 points

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why v write debit for DR & credit for CR...give me logic...if u knw thn plz tell me how u knw tht

1 Like
avater

CA. Dashrath Maheshwari (TaXpert)     25 January 2008

CA. Dashrath Maheshwari
TaXpert 
 805 likes  15039 points

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DR stands for Debit Record and CR for Credit Records

3 Like
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CA Chaitanya (PRACTISING CA)     25 January 2008

CA Chaitanya
PRACTISING CA 
 35 likes  4283 points

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Its so simple as that.

avater

Amit Sharma (article)     26 January 2008

Amit Sharma
article 
 47 likes  2677 points

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

avater

pRaSoOn (Articled assistant)     11 February 2008

pRaSoOn
Articled assistant 
 6 likes  500 points

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

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pRaSoOn (Articled assistant)     11 February 2008

pRaSoOn
Articled assistant 
 6 likes  500 points

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

avater

Srinivas Sharma KN (Tax Consultant)     11 February 2008

Srinivas Sharma KN
Tax Consultant 
 3 likes  287 points

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There is no great logic to applied here. It is simple, Dr is short form of Debit and Cr is short form of Credit.

avater

CS LLB Pulkit Gupta (https://www.facebook.com/pages/Life-and-Promises/553962034682487)     17 February 2008

CS LLB Pulkit Gupta
https://www.facebook.com/pages/Life-and-Promises/553962034682487 
 2892 likes  16631 points

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Okk let me tell u correct answer. Earlier people use to maintain two seperare registers i.e. debit register nd credit register respectively.

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CS LLB Pulkit Gupta (https://www.facebook.com/pages/Life-and-Promises/553962034682487)     17 February 2008

CS LLB Pulkit Gupta
https://www.facebook.com/pages/Life-and-Promises/553962034682487 
 2892 likes  16631 points

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

Navin Kumar   17 February 2008

Navin Kumar

 211 points

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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...


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