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General Accounting Discussions: what is the stands for of Dr. And Cr.?

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    • CommentAuthorfarrukh
    • CommentTimeAug 3rd 2007 edited
     
    what is the stands for of Dr. And Cr.?
  2.  
    "DR" stands for "debere" which is the Latin word meaning "to owe".
    "CR" stands for "credere" which is the Latin word meaning "to believe".

    Susan
    • CommentAuthorCounter
    • CommentTimeAug 6th 2007
     
    I agree with beachflower except to add that today DR. or dr. represents "debit." CR. or cr. represents "credit."
    • CommentAuthorfarrukh
    • CommentTimeAug 15th 2007
     
    So Simple jii

    "DR" stands for "Debit Record"
    "CR" stands for "Credit Record"

    Tack Care

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