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Dr means Debere in latin stands for 'what comes in' or in simple words whatever assets business owns or the expenses it has to pay comes under debit. while cr means credere in latin means 'what goes out' or in simple words whatever liabilities business owns or the income it earned during the year comes under credit.
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What does the abbreviation cr mean in accounting?
CRedit
Why is the abbreviation dr for debit in accounting instead of db?
simple, dr. stands 4 'debtor' simple, dr. stands 4 'debtor' The abbreviation dr. comes from the latin form of the word debit, which is debere.
What is the abbreviation for the word Debit in accounting?
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
What does the accounting abbreviation DRO mean?
Days Revenue Outstanding
What is the Dr.. in Accounting?
Dr in accounting is 'debit'.
What does the abbreviation cr mean in accounting?
CRedit
Why is the abbreviation dr for debit in accounting instead of db?
simple, dr. stands 4 'debtor' simple, dr. stands 4 'debtor' The abbreviation dr. comes from the latin form of the word debit, which is debere.
What does the abbreviation CM mean in accounting?
Credit Memo
What is the abbreviation for the word Debit in accounting?
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
What does the accounting abbreviation DRO mean?
Days Revenue Outstanding
What is the abbreviation of Accounting?
The abbreviation for the word Accounting is ACCG, while at first I thought it may be ACC, ACC actually in accounting stands is the abbreviation of Account.
What is the abbreviation for accountant?
acctg.There are many forms of accounting used throughout the business world. The abbreviation for accounting that is often used is acct.
What is the Dr.. in Accounting?
Dr in accounting is 'debit'.
What does the abbreviation 'MM' mean in accounting?
Million. M means thousand. They're Roman numbers.
What is Dr and Cr stnd for?
In accounting Dr stands for Debit Cr stands for credit the terms literally mean Debit (left side of the accounting equation) Credit (right side of the accounting equation)
What does the abbreviation DR mean in medications?
i don't know ask your local pharmacy
What does the abbreviation of the word FAMIS mean?
The abbreviation FAMIS means the following in most contexts: Financial Accounting and Management Information System. It is used within the business world.
