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WHAT DOES CR MEAN IN A BANK STATAMENT?
Is a payment put in account
WHAT DOSE CR MEAN ON A BANK STATEMENT?
CR= Credit.
If the mini bank statement says ATM 100 DR then the balance is 179 CR how much is in the bank?
You have Rs. 179 in your bank account as withdrawable balance. The 100 DR is a transaction which says that you took out 100 rupees from your account. The last lime which says 179 CR refers to the current amount of money you have in your account which you can withdraw.
What does ITF internal transfer of funds mean on a bank account?
what does itf mean on a bank account
What does relationship bank account mean?
A relationship bank account does not use money...
WHAT DOES CR MEAN IN A BANK STATAMENT?
Is a payment put in account
What does IBP CR twice mean on a bank account?
It stands for Inter branch payment. You/someone else has credited your account from another (not your sort code registered bank) account.
What does Cr mean at a ATM machine?
Cr stands for "Credit" It refers to a transaction in which money was credited or deposited into a bank account thereby increasing the bank balance of that account. Similarly the debit or withdrawal transactions are marked a "Dr" in the ATM machine statement
Deposited money in bank is cr or dr?
Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.
WHAT DOSE CR MEAN ON A BANK STATEMENT?
CR= Credit.
What does CR mean on a bank statement?
CR means a credit has been applied to your account (ie, money returned to you). Credits are expenses for the banks, so they are tallied as expenses on their financial documents.
What is the journal entry for check deposited to bank?
DR. Bank (specifying the bank account name) CR. Cheques Under Collection
What is the correct entry to replenish the petty cash fund?
Dr Bank Account Cr Petty Cash Account
WHAT IS the correct entry to replenish a petty cash fund?
Dr Bank Account Cr Petty Cash Account
What is the journal entry for overdraft?
For an overdraft, the journal entry would be to debit the bank account (increasing the overdraft liability) and credit the corresponding expense account or accounts that led to the overdraft. This reflects the additional amount drawn from the bank account beyond the available balance.
What is the journal entry for cash withdraw?
You write a cash withdrawal as follows: debit cash ; credit bank.
If the mini bank statement says ATM 100 DR then the balance is 179 CR how much is in the bank?
You have Rs. 179 in your bank account as withdrawable balance. The 100 DR is a transaction which says that you took out 100 rupees from your account. The last lime which says 179 CR refers to the current amount of money you have in your account which you can withdraw.
