0
It stems from the word debtor which preceded the use of debit.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
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 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)
Why in Accountancy debit is denoted as Dr?
DR stands for "Debit Received". (Likewise CR stands for Credit Received"). People of course think CR is a contraction of the word Credit (which it isn't, really) and so don't ask the question about CR. But DR doesn't really make sense until you know precisely what it stands for, ie "Debit Received". You record that you have received a debit from a particular source, therefore it's marked on the page as DR - conventionally on the left.
Why is the abbreviation dr for debit instead of db?
dr refers to debit receipt
Why Dr stand for debit and cr for credit?
DR is for Debit Record, and CR is for Credit Record.
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 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)
Why in Accountancy debit is denoted as Dr?
DR stands for "Debit Received". (Likewise CR stands for Credit Received"). People of course think CR is a contraction of the word Credit (which it isn't, really) and so don't ask the question about CR. But DR doesn't really make sense until you know precisely what it stands for, ie "Debit Received". You record that you have received a debit from a particular source, therefore it's marked on the page as DR - conventionally on the left.
What does DR Withdrawn mean on HSBC Bank statement?
The DR code within HSBC stands for debit. DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.
Why is the abbreviation dr for debit instead of db?
dr refers to debit receipt
Does DR stand for doctor?
Yes, Dr. stands for doctor.Yes, Dr. stands for doctor.Yes, Dr. stands for doctor.Yes, Dr. stands for doctor.Yes, Dr. stands for doctor.Yes, Dr. stands for doctor.
Why Dr stand for debit and cr for credit?
DR is for Debit Record, and CR is for Credit Record.
What is the Dr.. in Accounting?
Dr in accounting is 'debit'.
Why do you write Dr for debit and Cr for credit in accounts?
From another web site: Dr = Debit Record Cr = Credit Record
Why is debit abbreviated dr?
I would guess that dr and cr originally stood for debit record and credit record. No source on that though.
What mean DR on account statement?
debit
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.
