debit
The meaning of DR on an account is deposit received. This will show up on a person's statement when they have received money in their bank as a direct deposit.
by sale on account you mean goods sold to the costumer but the cash was not received immediately. the accounting equation for credit sales is to CR the revenue/sales/turnover in your income statement. DR the receivables account on the balance sheet. after the cash is received. CR the receivables account. DR the cash account.
An account statement is a record of transactions and their effect on bank account balances.
An account statement is a record of transactions and their effect on bank account balances.
It means to make sure the numbers the bank statement has matches what you have.
dr refers to a debit. A transaction in which money was debited or deducted or taken from your account. For ex: if you withdraw $100 from your account using the ATM it would appear in your statement as dr - $100
"Xfr Dr" on a bank statement typically stands for "Transfer Debit." This indicates that money has been moved or transferred out of the account. The transaction could be a transfer to another account, a payment made, or a withdrawal. It is important to review the details of the transaction to understand the specific nature of the transfer.
The meaning of DR on an account is deposit received. This will show up on a person's statement when they have received money in their bank as a direct deposit.
by sale on account you mean goods sold to the costumer but the cash was not received immediately. the accounting equation for credit sales is to CR the revenue/sales/turnover in your income statement. DR the receivables account on the balance sheet. after the cash is received. CR the receivables account. DR the cash account.
on a bank account statement, it means Payable On Death
it is a type of statement to know the enquire the detail of a account...
Statement Of Deposit Account
LST on a Halifax statement typically stands for "Last Statement" and represents the date of the last statement generated for the account. It helps you track the timing of your account statements and transactions.
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 DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.
Account Withdrawal
Faster Payment Incoming
debit you own the bank