why we write DR & CR



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

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DR stands for Debit Record and CR for Credit Records

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PRACTISING CA

Its so simple as that.
 
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article

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

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

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

There is no great logic to applied here. It is simple, Dr is short form of Debit and Cr is short form of Credit.
 
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https://www.facebook.com/pages/Life-and-Promises/553962034682487

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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https://www.facebook.com/pages/Life-and-Promises/553962034682487

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