It is short for the Latin 'debere' - 'to owe'.
Debit and debt come from that word.
dr refers to debit receipt
DR is for Debit Record, and CR is for Credit Record.
Dr in accounting is 'debit'.
It stems from the word debtor which preceded the use of debit.
From another web site: Dr = Debit Record Cr = Credit Record
dr refers to debit receipt
DR is for Debit Record, and CR is for Credit Record.
Dr in accounting is 'debit'.
It stems from the word debtor which preceded the use of debit.
From another web site: Dr = Debit Record Cr = Credit Record
I would guess that dr and cr originally stood for debit record and credit record. No source on that though.
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.
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 DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.
debit
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
Debit the receiver
In book-keeping Dr is an abbreviation for Debtor. ( one who owes)