dr and cr are debits and credits, and are abbreviations from the original Latin words.
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)
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
DR is for Debit Record, and CR is for Credit Record.
Dr Cash Cr Equity
Dr. Expense Cr. Accurals
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)
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
dr and cr
DR is for Debit Record, and CR is for Credit Record.
Dr Cash Cr Equity
Dr. Expense Cr. Accurals
The rules of the double entry state that " For every dr there must be a corresponding cr and for every cr there must be a corresponding dr "
Dr Cash Cr Bank Over Draft
Dr. Accrued Expense Cr. Cash or Cash in bank
DR DIRCTOR FEES CR Bank / ACCRUALS
writtenoff A/C Dr. To Accounts Receivable Cr. (or) (To sundry Debtors A/c ) Cr.
DR Dividends $xx.xx CR Cash $xx.xx