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Why is debit abbreviated dr?

Updated: 9/15/2023
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14y ago

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I would guess that dr and cr originally stood for debit record and credit record.

No source on that though.

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14y ago
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Q: Why is debit abbreviated dr?
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Why debit is abbreviated as Dr?

In book-keeping Dr is an abbreviation for Debtor. ( one who owes)


Why Dr is use for debit and Cr for credit?

The term debit comes from the Latin debitum which means "that which is owing". Debit is abbreviated to Dr (for debtor). The term credit comes from the Latin credere/credit meaning "to trust or believe"/"he trusts or believes" via the French credit and the Italian credito. Credit is abbreviated to Cr (for creditor).


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.


What is the Dr.. in Accounting?

Dr in accounting is 'debit'.


Why does the dr stands for debit?

It stems from the word debtor which preceded the use of debit.


Why do you write Dr for debit and Cr for credit in accounts?

From another web site: Dr = Debit Record Cr = Credit Record


What is dr?

Dr. is abbreviated for Doctor. This means a religious leader or a nurse, vet, or doctor!


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 mean DR on account statement?

debit


What does DR Withdrawn mean on HSBC Bank statement?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 DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.


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.