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because once an accountant charge a huge fees from a doctor and for that case our profession was punished as the accountant was the head of accounting board. the punishment was that "all accountant have to respect doctors, as they are treated as god," which led to the invention of dr that stands for debit in accounts n by using that we would also able to respect doctors.
by FCA Rahul Mittal
What else can I help you with?
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
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.
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What does DR Withdrawn mean on HSBC Bank statement?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 DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.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 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.
Why debit is indicated by dr?
It is short for the Latin 'debere' - 'to owe'. Debit and debt come from that word.
What does DR mean in banking terminology?
Debit the receiver
