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DR stands for "Debit Received". (Likewise CR stands for Credit Received"). People of course think CR is a contraction of the word Credit (which it isn't, really) and so don't ask the question about CR. But DR doesn't really make sense until you know precisely what it stands for, ie "Debit Received". You record that you have received a debit from a particular source, therefore it's marked on the page as DR - conventionally on the left.
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 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.
What mean DR on account statement?
debit
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What does DR Withdrawn mean on HSBC Bank statement?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 DR withdrawn on a statement is a debit withdrawal that was made in the branch over the counter.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 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.
How do you understand debit and credit in accountancy?
a credit is pay out, debit is pay in Debit and credit are part of the double-entry accounting system for adjusting different transactions in accounts. When creating a T account debit just means "left side" and credit means "right side." Debit comes from the Latin word debere, and credit comes from the Latin word credere.
Why debit is indicated by dr?
It is short for the Latin 'debere' - 'to owe'. Debit and debt come from that word.
