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The origins of these terms can be traced back to 1494 when the Italian Friar Luca-Pacioli first recorded the double-entry bookkeeping system. It was he that first described the use of the Latin terms 'Credre' and 'Debere' . In the 1500s, English translators used these Latin terms to create the terms 'Debit and Credit'. The Latin terms obviously helped create the bookkeeping abbreviations (Dr.) and (Cr.) as well. This is because there is no 'r' in the English word Debit but there is one in the Latin term 'Debere'. (copied from a website)

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Why Dr stand for debit and cr for credit?

DR is for Debit Record, and CR is for Credit Record.


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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 dr and cr stand for in accounting terms?

dr and cr are debits and credits, and are abbreviations from the original Latin words.


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

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