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From another web site: Dr = Debit Record Cr = Credit Record
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∙ 16y ago
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What account do you credit when you debit operating expenses?
DR Operational Expenses CR Accounts Payable
Why Dr stand for debit and cr for credit?
DR is for Debit Record, and CR is for Credit Record.
What is the journal entrie for sales on account?
debit accounts receivablecredit sales revenue
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.
Journal entry of credit sale with vat?
simpleParty A/c Dr. (inclusive of vat)sale A/c Cr. (exclusive of vat)Vat output Cr.
What account do you credit when you debit operating expenses?
DR Operational Expenses CR Accounts Payable
What account do you debit when you credit operating expenses?
DR Operational Expenses CR Accounts Payable
Why Dr stand for debit and cr for credit?
DR is for Debit Record, and CR is for Credit Record.
What is the journal entrie for sales on account?
debit accounts receivablecredit sales revenue
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.
Journal entry of credit sale with vat?
simpleParty A/c Dr. (inclusive of vat)sale A/c Cr. (exclusive of vat)Vat output Cr.
What is the journal entry for cash withdraw?
You write a cash withdrawal as follows: debit cash ; credit bank.
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).
What is Dr and Cr stnd for?
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)
When you debit an operating expense what account do you debit?
In my opinion, this question is wrong. DR Operating Expense CR Accounts Payable
What is the full form of Dr. and Cr?
Dr. Full Form Debit Record, Cr. Full Form 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.
